AIM-listed fund management, wealth management and corporate finance group, iimia Investment Group last year saw profit before tax of £10.7 million (2005 £0.5 million). Funds under management increased to £650 million from £533 million in 2005. Michael Philips, chief executive said: “On the back of excellent investment performance across the iimia OEIC range, we believe that opportunities for growth exist within the fund management division. All three sub funds have comfortably out-performed their absolute return benchmark since launch. The Growth & Income and Income sub-funds are top decile in their sectors over both the 12 month period and since launch. “It is also intended that corporate services and the wealth management divisions will make strong revenue contributions as well as providing strategic support to the growth of the fund management division.”