F&C sees £78m onshore fund net inflow in Q3

clock

F&C recorded a £78m net inflow into its onshore fund range in the third quarter.

The group, which took in a net £598m across all its distribution channels, was also boosted by inflows into its recently-acquired Thames River subsidiary. Thames River had net inflow of £124m and gross inflows of £181m during September, which were included in the F&C results. For the entire third quarter, Thames River net and gross inflows were £211m and £522m respectively. F&C says sales in the retail channel were spread across a number of funds, including Global Convertibles, the risk-rated Lifestyle range and its new UK Property vehicle. Key Thames River products included Rob Bu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on UK

UK businesses to pay four times more for electricity than in 2020
UK

UK businesses to pay four times more for electricity than in 2020

Calls for Covid-style support for energy bills

clock 25 August 2022 • 1 min read
UK

IA Global sector enjoys record £934m sales in April

Reduced UK outflows

Sam Shaw
clock 06 June 2019 • 2 min read
UK

Dan Kemp: What UK investors can learn from the Champions League

Set new goals

Dan Kemp
clock 31 May 2019 • 3 min read