F&C institutional outflows of £3.3bn

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UK / Netherlands - F&C Asset Management said institutional outflows of £3.3bn largely reflected the pipeline of £5.2bn outflows it highlighted to the market on 31 January 2007.

Releasing its interim results for the six months to 30 June 2007, the company said these outflows were principally represented by lower fee Dutch balanced mandates shifting to fiduciary managers, a...

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