F&C Asset Management saw its first quarter of net inflows towards the end of 2010, after four years of outflows.
The group reported assets under management increased to £105.8bn in December, up from £97.8bn at the end of 2009. Alain Grisay, chief executive of F&C, says: "After years of outflows and the ownership uncertainty of 2007-2009, 2010 was a turning point for F&C with three year investment track records rebuilt, strong consultant support and a return to net inflows excluding insurance assets. "The combination of positive headline flows from institutional clients, coupled with improving fee margins are tangible signs that our strategy is working. " He praises Thames River and Reit, grou...
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