Iimia Investment Group Plc, a U.K. fund manager, said annual pretax profit ``significantly'' exceded analysts' estimates after the company boosted money under management.
Funds ``outperformed their benchmarks,'' the Exeter, southwest England-based company said in a Regulatory News Service statement today. Iimia's funds under management increased to 650 million pounds ($1.3 billion) at the end of December.
The shares gained 14.5 pence, or 6.6 percent, to 233.5 pence in London, giving Iimia a market value of 37 million pounds.
The company will report earnings for the 12 months through December on March 23.
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