UK - MERRILL Lynch Investment Managers has posted its fifth consecutive year-on-year rise in quarterly earnings.
MLIM said its $110m (£59m) second quarter pre-tax earnings were 77% up on the second quarter of 2003 and were the second highest quarterly earnings it had recorded for two years. Net revenues in...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
