ICG plc stock slips in London after Asia-Pacific strategy hire lands
ICG plc shares fell 1.1% to 1,701p in early London trading Tuesday after the firm named Sujey Subramanian as head of its Asia-Pacific Corporate strategy, effective May 1. Assets under management stood at $127 billion at end-December, with $36 billion in uninvested capital. The stock has traded between 1,695p and 1,725p so far in the session. Full-year results are due May 21.