Markets Are Down, But Buy-Side Firms, Vendors Find Profits

EARNINGS REPORT

NEW YORK--Earnings reports were sober in tone for the second quarter of 2001. Despite the down markets, however, the asset management arms of big firms managed to show positive flows into assets under management. Net revenues may be down, but they are not negative.

Merrill Lynch Investment Managers saw net revenues at $559 million, an 8 percent decline from the second quarter of 2000, and a slight decline from first quarter revenues of $568 million. Thomas Patrick, Merrill Lynch's chief

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: