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Income, profits and AUM all fall at GAM and Jupiter’s main backer

Ian Orton, 12/06/2019

Income, profits and assets under management all fell for the year ending 31 March 2019 at Silchester International Investors LLP.

Total income amounted to £220.86 million, £3.37 million or 1.46 percent less than the £222.05 million reported for the year to 31 March 2018.

Pre-tax profits after members’ remuneration charged as an expense came in at £123.16 million, a £5.21 million or 4.02 percent reduction on the £129.37 million reported a year earlier.

Assets under management fell from the £30.70 billion reported at 31 March 2018 to £30.00 billion, a £0.7 billion, or a 2.28 percent reduction.

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