Burford Capital, one of the world’s biggest litigation funders, has seen a 23 percent increase in operating profit to $354 million in the 12 months to December 2018, the company announced today.

The London-listed financier also registered income growth of 23 percent to $420 million and reported that its assets under management increased by 47 percent to $2.5 billion, up from $1.7 billion in 2017.