United States

Intermediate Capital Group PLC (ICP.L)

ICP.L on London Stock Exchange

18 Aug 2017
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-13.50 (-1.50%)
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Tue, Jul 25 2017

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

BRIEF-Intermediate Capital FY assets up 10 pct to 23.8 bln euros

* Total aum up 10 pct to eur 23.8bn, with eur 4.0bn of new money raised; third party fee earning aum up 19 pct to eur 18.7bn

MOVES-ICG hires managing director of marketing & client relations for U.S. western region

May 8 Asset manager Intermediate Capital Group Plc named Chris Hawkins as managing director of Marketing & Client Relations, Western Region USA, effective immediately.

Intermediate Capital says CEO Evain to retire

LONDON, March 23 Fund manager Intermediate Capital Group's chief executive and chief investment officer Christophe Evain is to retire in July 2017, the firm said in a statement on Thursday.

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