Lon Cay News Today

Charles Stanley annual profit falls as lower interest income weighs

13 January 2021 | 13:43pm StockMarketWire.com - Charles Stanley Groups funds under management and administration (FUMA) increased by 10.1% in the third quarter of 2020, to £25.1 billion. However, over the first three quarters of 2020 the groups average FUMA was down 7.8% from the year before. Over the third quarter revenues remained stable but decreased marginally by 1.2% to £42.2 million. This means total revenues in the year to 31 December 2020 declined to £124.1 million from £128.1 mil...