Polar and Man defy volatile quarter with AUM growth
Polar Capital and Man Group have posted positive net flows and boosted assets under management during a volatile first quarter.
trading update
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Polar Capital AUM up despite fund closures
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.
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Assets break £50bn at Jupiter as net flows soar
Assets at Jupiter soared past the £50bn mark in 2017 the firm’s latest trading update reveals.
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Rathbones’ funds up 14% as unit trust flows boom
Rathbone Brothers revealed a “robust” set of trading numbers on Thursday with funds under management up 14.3% on the year previously.
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Liontrust boosts fixed income team as AUM smashes £10bn
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.
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Next biggest FTSE 100 riser after ‘disappointing’ update
Shares in the British high street retailer surprised on the upside, despite producing what analysts called a “very disappointing trading update”.
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BT shares fall as it slashes jobs in £300m overhaul
BT’s shares suffered a setback today following the announcement the telecoms giant was to cut 4,000 jobs as part of an overseas shakeup.
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SLI reveals £2.8bn GARS outflows
Outflows of £2.8bn from Standard Life Investments’ Global Absolute Return Strategies fund blighted flows for the first quarter of 2017 according to a trading update.
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Liontrust edges closer to £10bn AuM target as inflows soar
Liontrust Asset Management’s latest trading update has revealed it is within touching distance of hitting its £10bn target for assets under management (AuM).
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Miton year-end AUM up despite manager departures
Miton Group’s assets under management finished the year up to £2.9bn from £2.7bn the year before, despite the loss of two of its highest profile fund managers last year.
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Rathbones on the acquisition trail
Rathbone Brothers said today it intends to make acquisitions this year as it pursues growth of its business.
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Aberdeen has deeper problems than property outflows
Aberdeen saw outflows of £1.5bn from its property funds in the three months leading up to June, but some analysts see this as merely a “sideshow,” to deeper problems.