The Investment Management Association has said there are signs the polarisation of fund flows is decreasing, despite consolidation across the distribution chain pointing to the opposite effect.
Seven Investment Management (7IM) has seen assets under management (AUM) pass the £5bn mark for the first time in the firm's eleven year history.
M&G reported a 53% rise in net investment flows in the first half of the year, with retail investors driving the £4.3bn of flows.
Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.
There are close to 600,000 'millionaire households' in the UK, according to the latest estimates, but, as a share of total households, Britain lags Ireland, Kuwait and Taiwan.
Nick Blake, head of retail sales at Vanguard Asset Management, on whether we have reached a tipping point on fund costs.
Why a platform should be judged on more than just AUM