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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Afh Financial Group Plc | LSE:AFHP | London | Ordinary Share | GB00B4W5WQ08 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 475.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAFHP TIDMTTM
RNS Number : 1780B
AFH Financial Group Plc
19 September 2018
19 September 2018
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
FUNDS UNDER MANAGEMENT ("FUM") EXCEED GBP4BN
The Board of AFH, a leading financial planning led wealth management firm, is pleased to announce that following consistent organic net inflows of funds together with portfolios acquired with acquisitions recently announced the Company is now managing funds in excess of GBP4bn on behalf of its clients.
Commenting, Alan Hudson, Chief Executive of AFH, said:
"In January 2017 the Company set out a number of financial aspirations, including having GBP5bn of funds under management by 2021, an increase of 150% above the GBP2bn level at that time. The Company is now seeing organically generated FUM in excess of GBP30m a month. In addition, we have benefited from recent acquisitions and remain confident that we will exceed our target funds under management earlier than originally planned."
Enquiries:
AFH Financial Group PLC 01527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
www.afhfinancialgroup.com
Liberum (Nominated Adviser and Broker) 020 3100 2000
John Fishley/Richard Bootle
This announcement is released by AFH Financial Group plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Paul Wright, Chief Financial Officer.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDUWRBRWSAKAAR
(END) Dow Jones Newswires
September 19, 2018 02:00 ET (06:00 GMT)
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