Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a667998
Giles Hargreave firm lifts Jelf stake above 11%
by Dylan Lobo on Mar 22, 2013 at 14:39
Giles Hargreave’s wealth management business has lifted its stake in Jelf Group beyond the 11% threshold.
Hargreave Hale has bought an additional 43,200 shares in the financial services firm for its discretionary clients, lifting its total holding to 9,406,470 million shares, equating to an 11.02% interest.
Full year numbers from Jelf released in December showed annual revenue increased by 1.3% to £73 million, while net profit increased by 23.5% to £3.5 million.
News sponsored by:
Subscribe to Wealth Manager magazine and rack up CPD points
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
Today's top headlines
More about this:
Look up the shares
Look up the fund managers
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
on May 20, 2013 at 13:52