News blog
Arc Fund Management
- BY: Andrew Hore |
- POSTED: 03/12/2007 |
- COMMENTS: Add yours
Lord Ashcroft is taking a 21.2% stake in wealth management firm Arc Fund Management.
His Mayfair Ltd company is investing £2.1m at 8p a share. Broker Fiske has raised a further £900,000 gross at 11p a share.
Arc increased its revenues from £623,000 to £1.63m in the six months to June 2007, while profits jumped from £58,000 to £324,000. At the end of June Arc had cash and financial assets of £4m.
Arc believes that its concentration on high net worth individuals will help to lessen the effect of any economic downturn.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Sanderson Group
Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.
Resources In Insurance Group
Claims management services provider Resources In Insurance Group has slashed its loss in 2011.
atUK
e-commerce services provider @UK has gained a four year national e-commerce framework agreement for all UK public bodies.
Hydrogen Group
Recruitment firm Hydrogen Group says that net fee income for the first four months of 2012 was higher than the same period last year.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|