UK - Barclays Global Investors has posted a pretax profit of £110m for 2002 - a 41% increase on the previous year.
BGI said its operating profit had increased on the back of its cost-cutting programme, strong inflows of client money, good investment performance and a move into higher margin active funds. It ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
