Old Mutual Global Investors (OMGI) has reported rising net sales in the third quarter, which it atttibuted to strong flows into its new UK Alpha fund for former Schroders' head of UK equities Richard Buxton.
OMGI reported a net inflow of £500m year to date and £300m over the quarter. It said growth was driven by strong inflows into the Spectrum range of risk targeted funds as well as the UK Alpha, Global...
Fund managers see 'signs of a tentative recovery'
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'There will be more consolidation'
'Substantial lessening' of competition
'Until absolutely safe'
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