UK - Scottish Widows Investment Partnership (SWIP) has increased its assets under management (AUM) by 6% to £82bn, garnering £2.1bn of gross new business in 2004.
The company said that a sizeable portion of this new business came from institutional sales, in particular fixed interest. Pre-tax profit increased to £8m, compared with £1m in 2003, reflecting ...
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