StockMarketWire.com - Assets managed by Titanium Asset Management have increased by 4.0% from $8,125.0m. to $8,457.4m. during the first quarter of 2011 primarily reflecting net asset flows and market gains for both fixed income and equity strategies.

Average managed assets of $8,291.2m. for the first quarter of 2011 were substantially unchanged relative to the $8,324.8m. for the same period last year.

Investment management fees rose 2.1% compared to the same period last year.

Distributed assets increased by 1.6% from $894.4m. to $908.5m. during the first quarter reflecting market gains on the hedge fund strategies.


At 10:33am: [LON:TAM] share price was 0p at 0.5p



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