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Q1 2013 inflows were double that of the same period in 2011. The firm had also reported net outflows for 2012 of £495m, which were in part attributed to large cyclical outflows in Q1.
Funds under management reached £50bn, an increase from the £47.6bn reported at the end of 2012.
In March this year the firm announced it had signed a £219m deal to acquire the life insurance and asset management businesses from the Co-operative Banking Group. The deal is estimated to increase RLAM’s AUM to £70m.
Middleton has spent the last four years working in the US
Pieter Staelens discussses why investors still have misperceptions around credit following the GFC
The Autumn Budget was a ‘once in a Parliament reset’ to get public finances in order
The Monetary Policy Committee voted 8-1 in favour of a 25 basis-point cut to 4.75%
Adopting a single manager approach on the £14.3bn fund range is ‘the most appropriate strategy going forward’
Imposing taxes on all US imports could trigger a trade war that upheaves global market dynamics and re-fuels inflation
