By Iain Gilbert
Date: Wednesday 25 May 2022
LONDON (ShareCast) - (Sharecast News) - Investment company Petershill Partners said on Wednesday that aggregate partner-firm assets under management had grown in the three months ended 31 March amid positive momentum.
Petershill said aggregate partner-firm AUM grew 14% in the quarter to $266.0b and was up 55% year-on-year.
The FTSE 250-listed group stated aggregate fee-paying partner-firm AUM was $184.0bn, growing 16% during the quarter and 33% year-on-year as gross inflows hit $28.0bn, realisations came to $3.0bn and mark-to-market increases were $1.0bn.
Petershill highlighted that the year had started with "positive momentum" and said it now expects full-year aggregate FP partner-firm AUM gross inflows to be consistent with its prior guidance of $40.0bn to $45.0bn.
For the twelve months ended 31 March, partner fee-related earnings were 24% higher and partner distributable earnings were 41% higher when compared to the same period a year earlier.
Petershill also noted that a 22% increase in management fees to $77.0m reflected the impact of growth in aggregate FP partner-firm AUM.
As of 1010 BST, Petershill shares were down 0.66% at 227.50p.
Reporting by Iain Gilbert at Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 267.00p |
Change Today | -2.50p |
% Change | -0.93 % |
52 Week High | 284.50 |
52 Week Low | 169.00 |
Volume | 197,630 |
Shares Issued | 1,081.71m |
Market Cap | £2,888.16m |
Beta | 0.00 |
Value |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Price Trend |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Income |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Growth |
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
---|
Latest | Previous | |
---|---|---|
Special | Interim | |
Ex-Div | 21-Nov-24 | 26-Sep-24 |
Paid | 20-Dec-24 | 31-Oct-24 |
Amount | 17.50¢ | 5.00¢ |
Time | Volume / Share Price |
16:35 | 113,819 @ 267.00p |
16:35 | 403 @ 267.00p |
16:35 | 1,327 @ 267.00p |
16:35 | 1,986 @ 267.00p |
16:35 | 272 @ 267.00p |
You are here: research