Published: April 16, 2026 at 3:41 pm
Shares in Mercia Asset Management PLC has risen 10% so far today after it said this morning that it expects FY26 EBITDA to be ‘materially ahead of expectations’.
The regionally focused investor, which has over £2 billion of assets under management, pointed to notification of proposed increases to existing fund mandates, plus successful VCT and EIS fundraises, in the final three months of the year.
These totalled in excess of £200 million, which Mercia said “represents a strong and continuing endorsement of our asset management growth strategy, particularly in the context of the current turbulent market conditions”.