UK's Frenkel Topping gains after robust FY performance

Frenkel Topping

24/04/2023 09:22

** Shares of Frenkel Topping Group  FEN.L  rise 3% to 68p,
easing after hitting 69p, its highest since March 8
    ** The professional and financial services firm reports
"encouraging start" to 2023 in line with its expectations
    ** FEN says FY AUM up 1% 
    ** Co helped by 99% client retention for investment
management services and strong performance at its discretionary
fund manager Ascencia
    ** Stock set for headed for best day since Feb 1
    ** Including session gains, FEN's stock down about 8% YTD
 
 ($1 = 0.8039 pounds)

 (Reporting by Muhammed Husain in Bengaluru)
 ((Muhammed.Husain@thomsonreuters.com;))