NETHERLANDS/BELGIUM - Fortis Investment Management (FIM), the Dutch-Belgian financial services firm, posted a 7% decline in first quarter revenues and a 15% drop in net operating profits compared to the same period last year.
Persistently weak economic conditions were also blamed for an overall 8% drop in Q1 net operating profits at Fortis Group to e763m during the same time. But compared to the last quarter of 2002 ...
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