Numis saw revenues hit record highs with a 40% gain from last year, according to its full year results to 30 September 2021, with recently listed Oxford Nanopore one of the biggest portfolio contributors.
The firm saw growth in all areas of its business, but said its investment portfolio gains "were largely attributable to two of our holdings," Oxford Nanopore Technologies and Wiz Inc. Acacia Oxford Nanopore holding now exceeds total purchase price of former Woodford portfolio Numis said that it had invested in Oxford Nanopore in 2012, and had provided "support on occasion through the investment period and ultimately acted on its successful IPO at the end of September". Oxford Nanopore became well-known during the collapse of the Woodford Equity Income fund, in which it was one of t...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes