Inflows into Standard Life Investments were down by nearly £2bn in the first quarter of 2009 compared...
Inflows into Standard Life Investments were down by nearly £2bn in the first quarter of 2009 compared with the first quarter last year, according to results published today. The company saw inflows worldwide of £0.6bn first quarter compared to £2.3bn achieved during the first quarter of 2008. The group's UK retail, Europe, Canada and India operations all achieved positive net sales, as did SLI's money market funds. UK mutual fund sales showed a significant increase over the same period last year, rising to £184m from £21m in 2008. Third party assets under management have decreased by 3%...
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