Multi-asset

Boutique asset manager wins back £200 million flows after managers exit

Boutique asset manager Miton Group has recouped the nearly £200m lost from its equity funds seen 2016, when it lost two star fund managers to a rival. For 2017, the group saw £494m net inflows, up from just £1m inflows seen in 2016. Equity funds in particular saw inflows of £361m, while multi-asset strategies gathered […]

Jupiter Merlin portfolios hit by £223m outflows

Jupiter Fund Management’s £7.5bn multi-manager range, Merlin, suffered £223.8m net outflows in Q4, according to data from Morningstar, in the face of increasing competition and a spotlight on fees. Money Marketing sourced data from Morningstar on the Merlin portfolios following a trading update from Jupiter this week, which revealed the range continues to be one […]

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Jupiter inflows jump five-fold despite hit to Merlin range

Jupiter Fund Management inflows increased five-fold in 2017, despite outflows from the Merlin portfolios, a trading update published this morning shows. The quarterly update revealed net inflows to 31 December were £600m taking 2017 total inflows to £5.5bn. That compares to £1bn net inflows in 2016. Mutual funds attracted £458m over the quarter, taking AUM […]

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Liontrust builds out bonds team as assets pass £10bn

Liontrust Asset Management has announced it has poached Baillie Gifford fixed income manager Donald Phillips as assets under management climb past £10bn. The boutique asset manager saw assets increase 9.5 per cent from the start of the quarter to £10.6bn at 31 December. Net inflows for the period were £571m, while total assets increased £916m […]

Which funds have lost their FE 5-crown ratings?

Six funds have lost their five-crown rating from FE and been bumped to a one-crown rating, in FE’s rebalance of its ratings. The bi-annual rebalance sees a number of funds rise and fall through the rankings. Standard Life Investments UK Equity Recovery was one fund to drop from a five-crown rating to a one-crown rating. Also among the […]