NEWS BRIEFS - WatersTechnology.com

WatersTechnology Staff
14 Mar 1997

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Management Strategies: United Asset Management, the Boston-based holding company of 47 investment management firms with $170 billion under management collectively, said earnings climbed 45 per cent to $97.8 million in 1996 while revenues were up only 20 per cent at $883 million compared to 734.4 million in 1995. Part of the disproportionate net gain came from a one-time $12 million gain from the redemption of UAM's minority interest in Aldrich Eastman Waltch. Operating income increased 29 per

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