SWIP increases AUM by 6% to £82bn

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UK - Scottish Widows Investment Partnership (SWIP) has increased its assets under management (AUM) by 6% to £82bn, garnering £2.1bn of gross new business in 2004.

The company said that a sizeable portion of this new business came from institutional sales, in particular fixed interest. Pre-tax profit increased to £8m, compared with £1m in 2003, reflecting ...

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