Moreover, fund performance had remained competitive for the two large funds under management
during this period.
JCRVIS will continue to monitor the performance of all funds under management
to gauge ability to manage multiple asset classes.
The report shows that European equity income funds under management
reached #x20AC;180 billion ($244.
We have made good progress against our stated objectives including delivering strong growth in funds under management
As a result of new fundraisings and management contracts, including the North West Fund for Venture Capital and the Finance Yorkshire's Seedcorn Fund, EV has grown its funds under management
to pounds 107m.
This will take Rathbone's total funds under management
to pounds 12bn.
The takeover will transform Henderson into the sector's fifth biggest player with pounds 15bn in funds under management
Funds under management
in Rathbone Unit Trust Management increased from pounds 880m at June 30 to pounds 950m at September 30.
For the previous 12 months, fund sales have averaged over pounds 2bn a month and during this time total funds under management
have increased by 36%.
Chairman Mark Powell reported that funds under management
rose by 11% to pounds 5.