Allfunds Group PLC

ALLFG: XAMS (NLD)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Allfunds: Continued Net Inflows; Shares Attractive

Narrow-moat Allfunds reported a third-quarter trading update showing net inflows from existing and new clients. Net revenue increased 17% to EUR 153.5 million versus the same period last year, primarily on higher transaction revenue (up 29%). We maintain our EUR 7.20 per-share fair value estimate. Shares look attractive.

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