Demand for absolute return and fixed income funds has helped J.P. Morgan, Jupiter, BNY Mellon, HSBC Global Asset Management and Royal London Asset Management re-enter the top ten asset managers by sales in Q3, according to the Pridham Report.
The data found investors were returning to markets, after seeing the highest ever outflows in the second quarter, but were choosing more cautious mandates in the absolute return and fixed income sectors....
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