FTSE 250 movers: Asset managers on the slide; Dr Martens steps forward

by | Jul 14, 2023

(Sharecast News) – Liontrust Asset Management reported net outflows and a decrease in assets under management and advice in an update on Friday, as well as recent developments related to the proposed acquisition of GAM Holding.
Ashmore Group reported a $1.8bn decrease in assets under management in the June quarter on Friday, on the back of positive investment performance of $1.1bn, but net outflows of $2.9bn.

Asset manager Ninety One on Friday said its assets under management fell to £124.8bn at the end of June, compared with £129.3bn at March 31 and £135bn a year earlier.

Dr Martens continued to step forward after a trading update this week stating it was getting to grips with problems at its US operations.

FTSE 250 – Risers

Dr. Martens (DOCS) 134.20p 6.51%
Renishaw (RSW) 3,996.00p 2.46%
Bridgepoint Group (Reg S) (BPT) 202.20p 2.22%
Virgin Money UK (VMUK) 166.90p 2.14%
Investec (INVP) 465.90p 1.97%
Crest Nicholson Holdings (CRST) 186.00p 1.86%
Pacific Horizon Inv Trust (PHI) 572.00p 1.78%
Morgan Sindall Group (MGNS) 1,862.00p 1.75%
Tyman (TYMN) 270.00p 1.69%
Domino’s Pizza Group (DOM) 311.20p 1.63%

FTSE 250 – Fallers

Liontrust Asset Management (LIO) 640.00p -9.73%
Ashmore Group (ASHM) 203.00p -6.37%
easyJet (EZJ) 481.70p -2.86%
FDM Group (Holdings) (FDM) 586.00p -2.66%
Helios Towers (HTWS) 88.45p -2.48%
UK Commercial Property Reit Limited (UKCM) 51.30p -2.47%
Ninety One (N91) 169.90p -2.47%
Energean (ENOG) 1,027.00p -2.38%
Capita (CPI) 28.96p -2.16%
NCC Group (NCC) 101.80p -1.93%

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