UK - First-half profits at Barclays Global Investors soared to £91m - a 52% rise on the same period last year.
BGI attributed the increase to a combination of cost savings and its move away from low fee, index-based products and towards higher fee-generating active funds. And it claims the shift has been...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date