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Tavistock Investments CEO very optimistic on year ahead as first quarter beats expectations

Tavistock Investments PLC's (LON:TAVI) Brian Raven tells Proactive the fund management group increased assets under management for the sixth year running in the period to end-March 2020. Funds under management had risen by 6% to £1bn in the period while underlying profits jumped 24% over the year to £1.83mln. Raven says the performance of its ACUMEN Protection Portfolios has been exceptional and underpinned the profitability of the investment management business.

Quick facts: Tavistock Investments PLC

Price: 1.85 GBX

AIM:TAVI
Market: AIM
Market Cap: £11.24 m
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Morning Report: FTSE 100 falls as COVID-19 cases keep rising

Headlines from the Proactive UK newsroom. The FTSE 100 slumped more than 100 points as the rate of new coronavirus cases especially in the US caused more concern. The blue-chip index was 120 points lower at 6,199. Reflecting the unease, gold jumped to a new recent high of US$1,770 per...

on 24/6/20

2 min read