Regional investor delivers record results
Regional investor Mercia Asset Management has recorded record results after accelerating its progress last year.
The asset manager has completed two of the three pillars of its three-year plan with a year to spare and has set out its next three-year plan.
It has achieved operating profitability, generating £3.3m in the year to March, compared with £0.5m in the previous year.
It also has an "evergreen"s balance sheet, with the group's direct investment activities fully funded by periodic cash realisations from the existing p... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
