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finance · City PM
“yesterday reported a $1.2bn (£729m) loss for last year”
1.2 billion USD
729 million GBP
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finance · City PM
“total annual fee income fell 27 per cent to $640m (£388m) in 2008”
27
640 million USD
388 million GBP
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finance · City PM
“total assets under management to $48.5bn (£29.4bn) from $53.2bn at the end of 2007”
48.5 billion USD
29.4 billion GBP
53.2 billion USD
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finance · City PM
“write-downs on the $5.8bn European Fund II’s assets worth almost half their original values”
5.8 billion USD
-
finance · City PM
“A staggering $2.8bn (£1.7bn) was written off.”
2.8 billion USD
1.7 billion GBP
-
finance · City PM
“overall it now holds $15.4bn (£9.34bn) of uninvested capital across its three geographic fund areas – Europe the US and Asia.”
15.4 billion USD
9.34 billion GBP
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finance · City PM
“The loss for last year compares to a pre‑tax economic net income … of $815m (£495m) reported 2007.”
815 million USD
495 million GBP
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finance · City PM
“averaged adjusted pre‑tax economic net annual income in 2004 to 2007 was $926m (£561.6m).”
926 million USD
561.6 million GBP
