Brief: Netfonds' Business Development Remains Stable

Netfonds AG

20/03/2020 10:22

March 20 (Reuters) - NETFONDS AG  NF4.DE :
    * BUSINESS DEVELOPMENT STABLE, PREDOMINANT SHARE OF THE
INCOME
(APPROX. 65%) ARE RECURRING REVENUES
    * FALLING SHARE PRICES WORLDWIDE ALSO AFFECT THE ASSETS
ADMINISTERED AND MANAGED BY NETFONDS
    * OVERALL, WE ASSUME A CORRELATION TO STOCK MARKET OF AROUND
30%
IN DEVELOPMENT OF OUR MANAGED INVESTMENT PORTFOLIOS

Source text for Eikon:  ID:nEQ9plCyna 
Further company coverage:  NF4.DE 

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