DWS shares fall as asset manager’s inflows underwhelm
Net inflows including cash were €2.3bn (£2bn)
Net inflows including cash were €2.3bn (£2bn)
Firm will implement fee changes from early 2024
Closing FUM of £16.85bn versus £16.79bn at the end of the previous quarter
Income for the model portfolio service grew 18.5% in the final three months of 2020
Firm is linking salaries more closely to company success as coronavirus hits profitability
‘Good results despite the softer market’
Assets hit £46.1bn after strong momentum from advised and D2C markets
Polar Capital and Man Group have posted positive net flows and boosted assets under management during a volatile first quarter.
Polar Capital has reported net inflows of £597m in the fourth quarter, boosting assets under management (AUM) to £11.7bn from £9.3bn at the end of March.
Assets at Jupiter soared past the £50bn mark in 2017 the firm’s latest trading update reveals.
Rathbone Brothers revealed a “robust” set of trading numbers on Thursday with funds under management up 14.3% on the year previously.
Liontrust Asset Management has hired Baillie Gifford’s Donald Phillips to join its newly-created global fixed income team ahead of its upcoming triple fund launch.