Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the Asset and Wealth Management industry, is pleased to provide its pre-close trading update before reporting its full year results for the year ending 31 March 2019.
Alpha FMC has performed well in the year with both revenue and Adjusted EBITDA expected to be ahead of the last financial year and in-line with current full year market expectations.
Euan Fraser, Global CEO of Alpha FMC, commented:
“We are pleased that Alpha has made further good progress in its second year as a public company. Alpha recently launched its twelfth practice, Exchange Traded Funds & Indexing, and opened its tenth office, located in Zurich, as we continue to grow our international reach. We believe both expansions offer exciting potential.
The underlying industry trends of cost reduction, increasing regulation and increasing assets under management remain firmly in place, driving ongoing change programmes globally. Alpha FMC offers a compelling, quality-driven range of consulting services and continues to be well placed to advise and best assist our clients’ needs.”