Second quarter pre-tax profits at UBS Global Asset Management slipped by 9% from the first quarter to Sfr144m (€93.6m) as a result of lower peformance fees.
Institutional business rose Sfr7.6bn to take overall assets to Sfr338bn.
UBS Global Asset Management profits slip 9%
Tuesday 10 August 2004 at 16:00
Second quarter pre-tax profits at UBS Global Asset Management slipped by 9% from the first quarter to Sfr144m (€93.6m) as a result of lower peformance fees.
Institutional business rose Sfr7.6bn to take overall assets to Sfr338bn.