St James’s Place sees net inflows shrink while FUM grows in Q1 2024
Inflows fell by 64% compared with Q1 2023 as outflows remained ‘elevated’
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Inflows fell by 64% compared with Q1 2023 as outflows remained ‘elevated’
Overall number of funds with top-quartile returns over three consecutive 12-month periods falls marginally in Q1
Gross outflows remained ‘elevated’ due to challenging macroeconomic backdrop
While CT Global Social Bond has been inducted into the Academy of Funds for the first time
CT Diversified Monthly Income fund and CT Multi-Manager Investment Trust fund shut
European-domiciled funds as a whole attracted a net €49bn in 2023
33 more top-performing funds than in Q4 2022
Rankings formed using data from Engage adviser research software
Fundsmith Equity falls to fifth place
Swapping out Impax Environmental Markets Investment Trust for open-ended sister fund
No separate vote for retail and institutional investors
According to fund research firm’s market intelligence report for Q3