Royal London Asset Management (RLAM) has posted a £224m net inflow into its funds in the first quarter, reversing an outflow of nearly £500m in the same period the previous year.
Former BlackRock fund manager Mark Lyttleton was arrested last month on suspicion of insider trading, according to reports.
Concerns raised by ratings agencies, analysts and hedge funds have pushed bank shares lower this morning as the FTSE 100 snaps seven straight days of gains.