(City A.M) Hedge fund firm Winton Group, founded by businessman David Harding, announced today that its profits were up slightly after a disastrous 2016. Pre-tax profits were up to £125m in 2017, after being slashed in half to £107m a year prior, as stronger investment performance helped to boost fees. However clients were seemingly still wary after 2016’s poor results, as Winton’s assets under advisement dropped for the second year in a row to £28.5m.
Hedge Fund Winton Capital Sees Profits Edge up, But Assets Under Advisement Keep Sliding
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