UK - Martin Currie Investment Management has won £2.1bn worth of mandates from schemes and other institutional investors during the nine months to the end of June.
The mandates take the equity specialist’s total assets under management up to £7.8bn, of which over £5bn is from pension funds and other institutions.
The firm added that the wins were across its product range, including its European, UK active, Asia, greater China, and Japanese funds.
Martin Currie assistant director, institutional business development, Raymond Morgan said: “The main reason for our growth in assets is that we have re-defined ourselves as a specialist, active equity manager.
“That fits in with the urgent search for ‘alpha’. More and more consultants and pension funds are recognising our distinctive, ‘value-added’ offering as a leading specialist equity house.”
Over the 12 months to June 30, the firm’s European equities fund is up 2.3% against the MSCI Europe ex-UK Index. Martin Currie’s Asia ex-Japan fund is up 11.4% against the MSCI All Countries Asia Pacific ex-Japan Index and its UK active fund is up 7.2% against the FTSE All-Share.
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