Old Mutual Wealth saw net client cash flows increase by 80% year-on-year in Q1 despite ongoing market volatility, while its FUM jumped 3% over the quarter.
The company recorded net client cash flows (NCCF) of £1.8bn over the first quarter of 2016, up from £1bn in Q1 2015.
It said the strong flows were driven by strong sales into its investment division and UK platform.
Meanwhile, the company saw funds under management increase by 3% since the start of the year to reach £107.1bn, up from £104.4bn in Q4 2015.
Old Mutual Wealth profits jump 26% thanks to pension reforms
The firm's gross sales increased by 17% to £5.4bn, from £4.6bn in Q1 2015, while platform funds under management reached £35.4bn, up from £34.5bn in Q4 2015.
Over the quarter, Old Mutual Global Investors' funds under management increased by 5% to £26bn, while Quilter Cheviot's FUM increased to £18bn, up from £17.8bn in Q4 2015.
Paul Feeney (pictured), chief executive of Old Mutual Wealth, said: "We have achieved strong net client cash flows notwithstanding the volatile market conditions.
"We have also seen strong pensions sales in Q1 2016 as we continue to benefit from the introduction of pension freedoms in the UK last year."
