May 22, 2019 / 7:54 AM / 4 months ago

BUZZ-Intermediate Capital: FY assets jump on record third-party inflows

** Shares of British asset manager Intermediate Capital Group are up 7.2%

** Co posts a jump of 29% in full-year assets on the back of record inflows of external client cash

** The stock is among the top gainers on FTSE midcap

** Results exceed expectations and reinforce positive view of the company, Jefferies says; retains ‘buy’ rating and target of 1,509 pence (Reporting by Justin George Varghese in Bengaluru)

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