MLIM revenues up 56% year-on-year
GLOBAL - Merrill Lynch Investment Managers (MLIM) saw net revenues increase by 56% to $630m in the second quarter, when compared to the same period for 2005.
Reporting its second quarter results, the Merrill Lynch group recorded a 29% rise in net revenues to US$8.2bn in Q2, compared to Q2 last year. Assets under management totalled $589bn, up 23% from last...
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