GLOBAL - Barclays Global Investors (BGI) posted record gains in 2004 with profit before tax up 82% to £374m, despite adverse currency movements.
BGI’s significant investment in technology, deepening of the active product range and development of the ETFs business in the late 90s paid off in 2005, and saw the cost to income ratio drop to 61%...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date