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IN BRIEF: Mercia Asset hails strong liquidity position, business model

ALN

Mercia Asset Management PLC - regionally focused specialist asset manager - Attributes the recurring profit it derived through investment activities in both its fund management business and from the balance sheet portfolio to its ‘differentiated business model’. Adds that it also benefits from its ‘strong’ liquidity position. Says this ensures support for its direct and managed funds' investment portfolios and the continued deployment of capital into new investment opportunities.

Current stock price: 27.39 pence

12-month change: down 33%

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