Fortis boosts AuM by 6% in first half

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GLOBAL - Fortis Investments increased its assets under management by 6% to e111bn in the first half of 2006, with e7.1bn in net asset inflows attributed to product performance and innovation.

The firm’s first-half net profit was e46m, 85% ahead of the same period in 2005. Richard Wohanka, chief executive officer of Fortis Investments, said there had been an appetite for absolute retu...

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