Sold out of this one last week on the high. Thought I would keep an eye on it to get back in if results are convincing. Not enough for me - NB the increase was due to market valuations of funds under management and there was a net decrease in the client numbers. IMO client numbers are an important number in this type of business as well as the quality and value of the funds involved. Still a good business though when comparing with the industry. Hope their Cayman Island registration is not affected by the recent earthquake.
MAI Price at posting:
66.5¢ Sentiment: None Disclosure: Not Held
