Breaking News in association with Money AM

Thursday, 5th November 2009

Millennium & Copthorne sees improving trends

7:32am

Story provided by Business Financial Newswire...

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easyJet passenger figures up

7:32am

Story provided by Business Financial Newswire...

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BTG pre-tax profits fall £1m to £2.4m

7:32am

Story provided by Business Financial Newswire...

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Man Group profits edge up

7:32am
Hedge fund manager Man Group reported funds under management (FUM) at end-September of $44bn.

Profit before tax was $302m, 8% above the pre-close estimate after annual fee lock-in at end of September, benefiting from strong end-of-period performance. Diluted earnings per share on total operations was 13.8 cents. Man said it was in a strong financial position with regulatory capital surplus of over $1.6bn, cash balances of $2.1bn and undrawn committed banking facilities of $2.4bn. Interim dividend was maintained at 19.2 cents.

Sales for the period amounted to $5.7bn, with strong private investor sales...

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Old Mutual Q3 picks up

7:32am
Insurer Old Mutual said third quarter sales benefited from an improved investment market.

Long-Term Savings (Q3 2009 against Q3 2008) life APE sales were down 4% to £326m and unit trust sales were up 47% to £1.7bn

UK life APE sales were up 6% to £72m and unit trust sales up 53% to £536m.

Europe life APE sales were down 3% to £208m and unit trust sales up 63% to £945m.

Emerging Markets life APE sales rose 6% to £104m and unit trust sales were...

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