Nephila AuM dips $400mn in Q3, but fees rise on side pocket releases
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Nephila AuM dips $400mn in Q3, but fees rise on side pocket releases

Fiona Robertson
02 November 2023
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Markel reported increased fee income for Nephila, despite a $400mn dip to assets under management (AuM) in Q3, on the release of side pocketed assets.

Nephila AuM: Nephila AuM fell by $400mn from $7.2bn at mid-year and were down by $1bn year on year.

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