Dealings round-up: BlueBay duo cash in
A round-up of the biggest director deals today so far.
Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager.
A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. The placing was priced at 290p per share.
BlueBay today announced an increase in assets under management in the year to June to $24.3bn from $21bn. The firm said $5.8bn of net inflows, predominantly from its institutional client base, came through in the second half of the fiscal year. Profits for the year fell to £17.5m from £50.1m, with underlying profits before one-offs at £22.3m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Value: £1,747,500
Value: £215,200
Value: £210,700
Value: £100,000
Value: £99,412
Value: $84,965
Value: £29,775
Value: £15,000
Value: £5,800,000
Value: £2,900,000
Value: £808,511
Value: £670,500
Value: £582,614
Value: £193,120
Value: £119,364
Value: £38,150
Value: £30,750
Value: £29,700
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
8 of the best houses for sale with tennis courts
The best houses for sale with tennis courts – from a period property in Dumfries and Galloway with two islands on the River Dee, to a house in Cumbria with a 1977 En Tout Cas tennis court
-
Review: Eden Roc Cap Cana – fun, sun and golf in the Caribbean
Travel Eden Roc Cap Cana in the Dominican Republic offers everything from relaxing by the pool to a world-class golf course