| Business Summary | | London
Pacific
Company
Limited
is
a
diversified
international
financial
services
company.
The
Company's
operating
subsidiaries
gather
assets
through
their
distribution
networks
in
the
United
States
and
United
Kingdom.
The
Company
operates
in
four
business
segments:
life
insurance
and
annuities,
financial
advisory
services,
asset
management
and
venture
capital
management.
The
Company's
principal
operating
subsidiaries
by
business
segment
are
London
Pacific
Life
&
Annuity
Company
and
London
Pacific
Assurance
Limited,
engaged
in
the
life
insurance
and
annuities
business
segment;
London
Pacific
Advisors,
involved
in
the
financial
advisory
service
operations;
Berkeley
Capital
Management
and
Berkeley
International
Ltd.,
engaged
in
the
asset
management
business
segment,
and
Berkeley
International
Capital
Corporation
and
Berkeley
International
Capital
Limited,
involved
in
the
venture
capital
management
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | London
Pacific
Group
Ltd.
is
an
Anglo-American
fund
management
group
whose
principal
businesses
are
venture
capital,
life
insurance
and
annuities,
fund
management
and
financial
advisory
services.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
a
loss
of
$68.6
million
vs.
revenue
of
$428.5
million.
Net
loss
totaled
$150.8
million
vs.
an
income
of
$284.3
million.
Results
reflect
increased
net
unrealized
investment
losses
on
trading
securities. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Arthur Trueger | Chairman | Ian Whitehead | CFO | Ronald Green | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|