Sarah Ing Joins Metropolis of London Funding Group’s Board

by Jeremy

The Non-Govt Director at CMC Markets and Marex
Sarah Ing has been appointed the Non-Govt Director of Metropolis of London
Funding Group PLC. Ing has served as a Non-Govt Director at CMC Markets
since September 2017. She brings over 30 years of expertise in
accountancy, funding banking, and fund administration to her new position.

Rian Dartnell, the Chair of the Metropolis of London
Funding Group, talked about: “On behalf of the Board, I wish to
welcome Sarah Ing. Sarah’s in depth expertise in asset administration and her
file of delivering important outcomes throughout a spread of companies will add
an essential dimension to the Board.”

All through her profession, Ing has held key
positions in respected organizations reminiscent of HSBC and UBS. Notably, she based
and led a hedge fund funding administration enterprise.

At the moment, Ing can also be the Non-Govt Director at XPS
Pensions Group, the place she chairs the Audit, Danger, and Sustainability Committee.
Efficient March 1, 2024, she is going to assume her new position. In response to an announcement by the Metropolis of London
Investments Group, she is anticipated to drive strategic initiatives and foster
progress within the group.

Metropolis of London Funding Group PLC launched its
monetary report for the half-year right now (Friday), highlighting progress in Funds
beneath Administration (FuM) and profitability. With FuM reaching $9.6 billion by
December 31, 2023, the corporate has maintained its interim dividend.

Metropolis of London Funding Group’s Monetary Outcomes

In response to the press launch, the Metropolis of London
Funding Group reported a lift in FuM to $9.6 billion by December 31, 2023,
in comparison with $9.4 billion at the start of the monetary 12 months and $9.2
billion by December 31, 2022.

The corporate’s internet price earnings, representing
administration charges on FuM, stood at $32.6 million by December 31, 2023, up from
$31.9 million recorded in the identical interval final 12 months. Nevertheless, underlying revenue
earlier than tax skilled a decline to $13.3 million, in comparison with $13.6 million
reported in December 2022.

Metropolis of London Funding Group has declared an
interim dividend of 11p per share. Shareholders on the register by March 1,
2024, will obtain the dividend on March 28, 2024, the agency talked about.

The Non-Govt Director at CMC Markets and Marex
Sarah Ing has been appointed the Non-Govt Director of Metropolis of London
Funding Group PLC. Ing has served as a Non-Govt Director at CMC Markets
since September 2017. She brings over 30 years of expertise in
accountancy, funding banking, and fund administration to her new position.

Rian Dartnell, the Chair of the Metropolis of London
Funding Group, talked about: “On behalf of the Board, I wish to
welcome Sarah Ing. Sarah’s in depth expertise in asset administration and her
file of delivering important outcomes throughout a spread of companies will add
an essential dimension to the Board.”

All through her profession, Ing has held key
positions in respected organizations reminiscent of HSBC and UBS. Notably, she based
and led a hedge fund funding administration enterprise.

At the moment, Ing can also be the Non-Govt Director at XPS
Pensions Group, the place she chairs the Audit, Danger, and Sustainability Committee.
Efficient March 1, 2024, she is going to assume her new position. In response to an announcement by the Metropolis of London
Investments Group, she is anticipated to drive strategic initiatives and foster
progress within the group.

Metropolis of London Funding Group PLC launched its
monetary report for the half-year right now (Friday), highlighting progress in Funds
beneath Administration (FuM) and profitability. With FuM reaching $9.6 billion by
December 31, 2023, the corporate has maintained its interim dividend.

Metropolis of London Funding Group’s Monetary Outcomes

In response to the press launch, the Metropolis of London
Funding Group reported a lift in FuM to $9.6 billion by December 31, 2023,
in comparison with $9.4 billion at the start of the monetary 12 months and $9.2
billion by December 31, 2022.

The corporate’s internet price earnings, representing
administration charges on FuM, stood at $32.6 million by December 31, 2023, up from
$31.9 million recorded in the identical interval final 12 months. Nevertheless, underlying revenue
earlier than tax skilled a decline to $13.3 million, in comparison with $13.6 million
reported in December 2022.

Metropolis of London Funding Group has declared an
interim dividend of 11p per share. Shareholders on the register by March 1,
2024, will obtain the dividend on March 28, 2024, the agency talked about.

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