Gartmore's annual results, released today, show £7.2bn of assets left the firm in 2010, compared to a net inflow of £300m in 2009.
Following a tough year for the firm, net revenue was £223.7m in 2010, up from £208.7 the previous year, while AUM shrank from £22.2bn to £17.2bn. It also faces an FSCS levy of £2.1m. Gartmore’s ...
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
