Asset Management

UK fund manager shares bounce back in bumper year

The majority of listed UK asset managers enjoyed double-digit share-price rises in 2019

Standard Life Aberdeen's share price rose by 27% in 2019
Standard Life Aberdeen's share price rose by 27% in 2019 Photo: Alamy

The majority of listed UK asset managers enjoyed double-digit share-price rises in 2019, rebounding from a painful decline during the previous year when billions of pounds were wiped off their market values.

According to a share-price analysis by Financial News, Intermediate Capital Group was the standout performer in 2019, with investors holding the company’s stock benefiting from an almost 70% increase during the year.

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