Infrastructure trusts grow to £8bn in AUM in ten years
Hires of Godber and Hamilton announced last week
The first six months of 2015 have been a tale of two halves for asset managers, as some noted record inflows while others saw investors heading for the exit in droves.
Legal & General Investment Management (LGIM) has seen a 12% jump in assets under management, boosted by the expansion of its international business in the first half of the year, despite a fall in advisory assets.
Rathbones Unit Trust Management has seen its inflows more than halve compared to last year, reflecting a trend for outflows in the industry as a whole.
Boston Consulting Group's annual global asset management report has revealed that retail fund fees in the UK fell by some 10% last year as price pressures began to be felt in the domestic market.
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Jupiter has reported £872m in net inflows for the first three months of 2015, its highest quarterly figure since its initial public offering in 2010.
Polar Capital has seen a drop in assets under management following significant outflows from its range of Japan funds.