Gartmore posts £7.2bn outflow for 2010

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Gartmore's annual results, released today, show £7.2bn of assets left the firm in 2010, compared to a net inflow of £300m in 2009.

Following a tough year for the firm, net revenue was £223.7m in 2010, up from £208.7 the previous year, while AUM shrank from £22.2bn to £17.2bn. It also faces an FSCS levy of £2.1m. Gartmore’s ...

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