NewsWire: fund services GlobeOp Reports 24pct Rise in Assets under Administration

fund services GlobeOp Reports 24pct Rise in Assets under Administration

This recent article from the comprehensive News Service at fundservices.net reports that GlobeOp Reports 24pct Rise in Assets under Administration.

GlobeOp has reported a 24pct rise in assets under administration for 2009, up to USD109bn. Revenues fell by 15pct and the firm reported an operating loss of USD19.2m, largely as a result of a USD43.5m settlement of a legal dispute.

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