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India

Intermediate Capital Group PLC (ICP.L)

ICP.L on London Stock Exchange

1,079.00GBp
12 Dec 2017
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Tue, Nov 14 2017

Intermediate Capital H1 assets up 14 pct; raises record 5.7 bln euros

LONDON, Nov 14 Asset manager Intermediate Capital Group on Tuesday posted a 14 percent rise in first-half assets after surging demand to join a fund lending money to corporates helped it raise a record amount of new client money.

BRIEF-Intermediate Capital Group H1 assets up 14 pct; record net inflows

* Says ‍total assets at end-September up 14 percent from end-March to 27.2 billion euros.

UPDATE 1-Intermediate Capital Q1 assets dip on forex, investment completions

* Shares down 0.3 pct, lag flat mid-cap index (Adds analyst reaction, updates shares)

Intermediate Capital Q1 assets dip on forex, trade completions

LONDON, July 25 Fund manager Intermediate Capital Group said total assets fell 2 percent during its first quarter after inflows were more than offset by currency moves and as more money was returned to investors.

BRIEF-Intermediate Capital Group says inflows in Q1 were 600 mln euros

* Says inflows in Q1 were 600 million euros ($699.84 million)with robust demand for current fund raising

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