MacDonald of RCM Says Barclays Earnings 'Respectable': Video

Lucy MacDonald, chief investment officer of global equities at RCM Ltd., which has $100 billion under management, talks with Bloomberg's Mark Barton and Sara Walker in London about Barclays Plc's earnings, the outlook for further U.S. subprime mortgage-related losses in the financial industry and her investment strategy. Barclays, the U.K.'s third-biggest bank, said second-half profit fell 21 percent on asset writedowns and a slump in revenue from fixed-income trading. (Source: Bloomberg)

Bloomberg | February 19, 2008

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