KAM 0.00% 6.0¢ k2 asset management holdings ltd

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    K2 Asset Management Holdings Limited (ASX:KAM) has generated a first half profit of $14.9 million and announced an interim dividend of 6 cents per share.


     


    Funds under management increased by more than 17 per cent from June 30, resulting in management fees rising, contributing over $6 million to the result.


     


    As at December 31, funds under management totalled $873 million.


     


    The funds remained positive on market conditions and general economic outlook.


     


    K2 also launched a new small cap fund in the first half and flagged further expansion for the second half.

 
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