Asset Management

Assets Rise At Gartmore, Logs Strong Alternative Investments Performance

Tom Burroughes Editor London 14 May 2010

Assets Rise At Gartmore, Logs Strong Alternative Investments Performance

Gartmore Group, the UK investment management group, said assets under management rose by £1.3 billion (around $1.9 billion), or 6 per cent, to £23.5 billion in the three months to 31 March 2010.  

There were £126 million of net inflows in the three-month period.

There was a net performance across alternative funds of 17.0 per cent for the twelve months to 31 March, the firm said in a statement.

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