UK - Socially responsible investors Friends Ivory & Sime posted a £1.7bn loss in institutional fund under management last year, its biggest slump across all units.
Institutional clients raked in £3.5bn assets for year ending 2001, compared to a £5.2bn figure for the corresponding period, 2000. Overall, business was down by £3.6bn for the year to £33.8bn. Fr...
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