FID fiducian group limited

Ann: Half Yearly Report to Shareholders, page-3

  1. 1,456 Posts.
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    FP segment did very nicely.
    FUM growth also good. Have seen a few fundies report now 8% growth over 6 months is not shabby at all! IFL, despite obviously being a much bigger cpy, reported today with 3%.

    Can you help me understand why Funds Management earned poorly on better revenue?
 
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