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The UK's longest established regulated provider of sponsored equity research.
We launched EQUITY DEVELOPMENT in 1997 becoming the first ever regulated provider of Sponsored Equity Research in the UK.
Our research teams are made up of expert analysts with deep understanding & experience in their sectors. Our research is distributed to all relevant investment classes & commentators. (at no cost to the reader).
We have made our name by specialising in those companies who are not receiving the attention that they merit, using detailed commentary, appropriate valuation metrics and regular publications to help eradicate undervaluation in the medium term.
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Absolute Capital Management Holdings
Absolute Capital Management currently manages funds, quoted on the Irish Stock Exchange, each of which seeks to provide investors absolute returns significantly in excess of those on risk-free assets, largely uncorrelated to general movements in stock markets.
Acquisition & Trading Update
Purchase of North Real Estate contract as base for 'third leg'
Assets under management now over $3bn
Excellent performance of funds this year
Absolute Capital; Spectacular results and confident outlook
- FUM up 91%
- Pre tax profits up 76%
- Acquisition of debt fund manager Argo
- Awarded "Best Hedge Fund Group" for 2006
Argo acquisition justifies substantial rerating
- Diversity of non-correlated products reduces risk
- Special dividend will be increased
- We increase 2007 forecasts
- Single figure PFER still looks undemanding
Absolute Capital Management – increase in size, dividend and future earnings per share
Absolute Capital Management (“ACMH”) announced this morning the acquisition of Argo Capital Management, a complementary hedge fund group for £50m in shares and cash, on terms that are immediately earnings-enhancing. Argo is highly profitable thanks to the performance fees it generates from its funds, but would be still be significantly profitable without them because the basic management fees are more than double its fixed cost base.
Absolute Capital; performing on all fronts/returning cash to shareholders
Absolute Capital Management (“ACMH”) is generating more cash than it needs and has announced plans to return up to €20m to shareholders. This amounts to almost 15% of its current market capitalisation.
