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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Frenkel Topping Group Plc | LSE:FEN | London | Ordinary Share | GB00B01YXQ71 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 53.50 | 53.00 | 54.00 | 53.50 | 53.50 | 53.50 | 13,344 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Legal Services | 24.85M | 1.65M | 0.0129 | 41.47 | 68.49M |
TIDMFEN
RNS Number : 8025D
Frenkel Topping Group PLC
24 February 2020
LEI 213800I5L3K7AT7A4R20
Frenkel Topping Group plc
("Frenkel Topping" or the "Company")
Frenkel Topping Limited establishes partnership with Horwich Cohen Coghlan Ltd
Frenkel Topping, the specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients, is pleased to announce its IFA business has established a 50:50 joint venture with Horwich Cohen Coghlan Ltd ("HCC"), a law firm with a 25 year track record specialising in personal injuries. The joint venture will be named HCC Investment Solutions.
HCC Investment Solutions will develop new and innovative investment products for the personal injury market. The joint venture will also support Ascencia Investment Management to create bespoke investment solutions and support future AUM growth.
Richard Fraser, CEO of Frenkel Topping Group plc, said:
"We are very excited to be partnering with HCC, a highly regarded law firm dedicated to helping those who have suffered major trauma, serious and minor injuries. HCC and Frenkel Topping Limited are culturally-aligned and we are both focused on putting our customers first and ensuring that they get the best services."
Mark Holt, Managing Director of Frenkel Topping Limited, said:
"The investment solutions available in the personal injury market have limitations and we want to provide more choice and better quality investment options for people who have suffered accidents. Our partnership with HCC allows us, as part of HCC Investment solutions, to produce innovative and tailored investment services which better suit our customers' needs."
Brian Coghlan, Director of Horwich Cohen Coghlan, said:
"Frenkel Topping's expertise in conservatively managing client's money and generating returns is a very strong complement to our leading position of providing legal advice to those who have suffered major and minor injuries. We have found our clients are somewhat limited in what they can invest in and this partnership has been set up to develop bespoke and new investment solutions that will be entirely new to the personal injury market. Our unified capabilities mean we will be well-positioned to deliver a more compelling range of investment solutions to those who have suffered injuries."
For further information:
Frenkel Topping Group plc www.frenkeltopping.co.uk Richard Fraser, Chief Executive Tel: 0161 886 8000 Officer finnCap Ltd Tel: 020 7220 0500 Carl Holmes/James Thompson (Corporate Finance) Tim Redfern / Richard Chambers (ECM) frenkeltopping@tbcardew.com TB Cardew Tom Allison Shan Shan Willenbrock Olivia Rosser 0207 930 0777 About Frenkel Topping: www.frenkeltopping.co.uk
Frenkel Topping Limited provides specialist independent financial advice focussed on asset protection for clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury and clinical negligence awards and is well placed to provide services to a wider customer base.
Ascencia Investment Management provides a range of wealth management services including bespoke investment portfolios, personal and corporate financial advice and tax planning. It is focused on increasing its assets under management by continued growth of the business by an increase in the number of highly qualified fee earners for the provision of its industry leading specialisms.
It has a national presence with offices in Manchester, Birmingham, Cardiff and London and has relationships and infrastructure in place to further grow its reach and target markets.
About HCC : www.hccsolicitors.com
HCC are a firm of solicitors who specialise in personal injury claims, and have a department dedicated to dealing with Major Trauma and serious injury cases. The Major Trauma department prioritise the funding of a full rehabilitation package in the first instance, as this gives clients a better prospect of making a quicker and more complete recovery than would otherwise be possible. The firm also looks to secure the best possible financial settlement for clients, so that in appropriate cases they are able to fund their care and support needs for the long term. HCC have offices in Manchester and Birmingham, and service clients all over England and Wales.
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.
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February 24, 2020 02:00 ET (07:00 GMT)
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