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Red Kite Capital Management's profits fell by over 80% again
January 09, 2012 - 12:18 GMT
Red Kite Capital Management
Red Kite Capital Management, which advises the Red Kite group of funds, has seen profits for the year to end March 2011 tumble 82% compared with the previous year
Red Kite's profit for the financial year, before members'
remuneration and profit shares available for discretionary
division among members, came to £504,659 ($778,129) as
fee income fell, and expenses rose, its most recent financial
statements showed. The 2011 statements showed a less
significant decline in gross profit, however, from...
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Euromoney Institutional Investor PLC.
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