UK - ISIS saw pre-tax profits before tax, goodwill amortisation and exceptional items rise 14.8% from £21.6m to £24.8m for 2003.
In its results, the group also reported that earnings per share increased 15.4% to 12p and the integration of Royal & SunAlliance Investments had been competed.
Chief executive Howard Carter said: “The integration of RSAI has created significant cost savings but our focus now is on revenue generation and organic growth. At the heart of this must be strong investment performance, supported by a distinctive brand.”
Despite improvements in investment manager attitudes towards responsible investment, research reveals there is a way to go before the majority deliver meaningful action. Victoria Ticha explores why
The Co-operative Bank is set to continue de-risking pension schemes after it mitigated further losses by switching from the retail prices index (RPI) to the consumer prices index (CPI).
A model aimed at reducing climate change-related financial risk exposure from corporate credit assets has been launched by Insight Investment.
Universities Superannuation Scheme (USS) members should be responsible for most of the cost of increased contributions if the scheme's defined benefit (DB) section remains open to accrual, Pensions Buzz respondents say.