15 October 2026 - AUM update

The fund management group has provided its quarterly update on assets under management and these have fallen once again to £8.1bn at 30 September - this is down from £8.6bn at the end of June and £10.3bn at the end of September 2025.  This is clearly yet another disappointing figure and the decline is largely due to fund withdrawals with a net £428m being withdrawn over the quarter with the rest of the decline due to a weak performance from the funds invested.  The company believes that it has found another £1.5m . . .

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