Frenkel Topping hails strong performance

FRENKEL Topping said today that funds in its Investment Management Service have hit the £500m milestone, ahead of its annual general meeting, later today.

The Salford-based firm, which provides specialist investment advice to people who have been awarded major personal injury or clinical negligence awards to pay for care, added that trading since the start of the year had been strong.
 
David Southworth, chairman, will say at the meeting held in Manchester today: “The group’s trading since the start of the year has been strong and is in line with market expectations. The board is pleased to announce that the funds in the Investment Management Service have exceeded £500m, up from £483m at 31 December 2012. This is a significant milestone for Frenkel Topping and we look forward to growing this amount further.

“Given the group’s trading performance, innovative technology platform and market position, the Board continues to view the future with confidence.”