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Fund Selection – June 2022 – Professional Wealth Management

Fund Selection – June 2022 – Professional Wealth Management
pwmnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pwmnet.com Daily Mail and Mail on Sunday newspapers.

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Pacific AM poaches Findlay Park manager

Pacific Asset Management has hired Chris Fidyk, who previously managed Findlay Park’s flagship fund, as a partner. ....

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Investegate |Hansa Investment Co Announcements | Hansa Investment Co: Annual Financial Report

Investegate announcements from Hansa Investment Co, Annual Financial Report ....

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Long-serving PM steps off boutique's $16bn flagship fund

Long-serving PM steps off boutique's $16bn flagship fund
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Investegate |Ocean Wilsons Hldgs Announcements | Ocean Wilsons Hldgs: Preliminary results

The Preliminary results for the year ended 31 December 2020 announcement released on 15/03/21 at 7:00am London time under RNS No.1803S contained an error relating to other operating expenses in the Financial Review section and the table titled Consolidated Statement of Comprehensive Income. The following amendments have been made.

Operating Profit
Operating profit of US$66.9 million was US$2.0 million lower than prior year (2019: US$68.9 million) principally due to the negative impact of the BRL devaluation against the US, lower revenues being offset by reduced operating costs and no impairment charges in the current financial year (2019: US$13.0 million). Operating margin for the year was 18.9% (2019: 20.2% - excluding the impairment charge) principally due to the increase in foreign exchange losses on monetary items, negatively offsetting lower operating costs as the Company implemented cost savings strategies in the face of Covi ....

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