While the final toll from the attacks in New York and Washington is still being calculated, some UK-...
While the final toll from the attacks in New York and Washington is still being calculated, some UK-based asset managers have released information on their US-based operations.
Fidelity Investments, which has offices not far from the World Trade Centre, has said that, while it understands there have been casualties among its staff, there have been no reported fatalities. Its central offices, including most of its fund management operations, are based in Boston.
JP Morgan Fleming, which did have offices in the World Trade Centre, said all of its employees were safely evacuated in time and all were accounted for. M&G, and its owner Prudential, did not have any employees in the vicinity of the attacks and Deutsche Asset Management has reported there has been no bad news in terms of its employees, but its offices have been affected.
Invesco Perpetual, whose owners Amvescap have US-based offices, has not been affected by the terrorist attacks.
While still awaiting news on its investment banking department, Merrill Lynch's investment management arm is based in Princeton. Those that were based in New York have subsequently been moved to that location.
Schroders and Lazards have offices in New York, but are situated away from the centre of the attacks, as has Aberdeen.
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