Polar Capital laments third consecutive year of outflows
Polar Capital continued to feel the sting of outflows from four of its major strategies, resulting in its third consecutive year of net negative flows.
Polar Capital continued to feel the sting of outflows from four of its major strategies, resulting in its third consecutive year of net negative flows.
Three Franklin Templeton bond funds suffered more than €800m (£683m) outflows in January, according to Morningstar data.
In August, $51bn left the mainland, according to Standard Chartered estimates, as authorities increased support for the mainland currency, which is under devaluation pressure.
The latest statistics from the Investment Association showed net outflows of £1bn from United Kingdom funds in July, during the aftermath of the vote to leave the European Union.
The asset management division of Allianz saw operating profit fall 16% to 675m for the second quarter of 2014, on the back of continued third party net outflows of 17.2bn.
I stand corrected, Chris Crow. A lot of money is heading out the door at some pretty big groups.
F&C was hit by strategic partner outflows amounting to £20.3bn.
F&C’s group assets under management fell by over £1bn in the final quarter of 2012 from £96.8bn to £95.2bn chiefly due to outflows from its institutional business.
Demand for metal from key markets around the globe has resulted in a surge of inflows for long copper ETPs, the latest data from ETF Securities shows.