StockMarketWire.com - Titanium Asset Management's assets under management increased 1.3% during the first quarter to $8,966.8m reflecting both net inflows and positive market returns.

Average AUM in the first quarter was $8,910.7m - 5.4% higher than a year ago.

Investment management fee revenues were $5,883,000 for the first quarter - 11.9% higher than a year ago. It says this was primarily due to the higher average AUM levels and a higher average fee rate.


At 2:30pm: [LON:TAM] share price was 0p at 1.15p



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