GLOBAL - Barclays Global Investors (BGI), the world's largest institutional asset manager, increased operating profit 20% to £71m in a year of significantly lower stock market levels , it said. But assets under management declined by 4%.
Net fees and commissions increased £70m (16%) to £505m (2000: £435m). The increase, it said, was driven by a large increase in performance fees as a result of strong active product performance, inc...
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