Market's Ups And Downs Take Their Toll On Barra's Latest Income Statement


BERKELEY, Calif.-- Portfolio diversification is supposed to be the name of the game in the asset management business, but a strategy that works for money managers doesn't always produce the desired results for their technology suppliers, at least that's the case with the latest earnings reported by Barra Inc. The developer of buy-side analytics and risk management software endured a quarter where, despite some modest gains in its core software license business, the fees from its asset management

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