Widows in relegation battle

Salih, Chris
September 2009
Money Marketing;9/10/2009, p16
The article reports on the relegation zone list of Chelsea Financial Services PLC, wherein Scottish Widows PLC ranked the first in Great Britain. It is stated that Widows has seven funds, with three funds considered the biggest in terms of assets. According to Darius McDermott, Chelsea Financial Services managing director, Widows is in a competitive space and needs to produce. It also mentions the other companies on the list, including Axa Framlington Group Ltd. and Gartmore Investment Ltd.


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