Man

In­vestors Chron­i­cle

The Week Middle East - - City -

The mar­ket re­sponded pos­i­tively to the hedge fund man­ager’s ac­qui­si­tion of prop­erty in­vest­ment man­ager Aalto. But per­for­mance and in­flows are in­con­sis­tent and the prospect of “mean­ing­ful” fees looks doubt­ful. Sell. 122.3p.

NCC Group

Share­cast Rev­enues are up but Canac­cord Ge­nu­ity is scep­ti­cal of the cy­ber­se­cu­rity firm’s hopes for profit re­cov­ery: cash flow is de­clin­ing and con­tracts can­celled or de­ferred. CG has slashed the tar­get price to 194p. Sell. 228.5p.

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