Daily archive for July 20, 2012

Credit Suisse asset management Q2 2012 results

On July 20, 2012 / Aberdeen, Credit Suisse, Net flows

Credit Suisse asset management (CSAM) saw pre-tax income fall 37% to CHF133m in Q2, compared to the same period last year, despite realising gains from the partial sale of its stake in Aberdeen Asset Management. The department also saw CHF400m of inflows into alternative investments in emerging

FTfm

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Investments alongside asset managers rather than through traditional vehicles doubled to a record $198bn in the first half of the year

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