sales

Fixed income funds saw their first net outflows since January 2014 last month, according to the Investment Association's (IA) latest figures.

Towry has appointed Ashcourt Rowan's managing director Steve Midgley as head of sales strategy and operations following its acquisition of the firm.

European equity funds saw record net retail sales in March according to The Investment Association (IA)'s latest sales figures, but UK All Companies suffered record outflows as investors continued to turn their backs on UK equities.

Retail fund sales tumbled last month in a reversal of the strong inflows seen in 2014, according to the latest Investment Association (IA) figures.

Royal London Asset Management (RLAM) has reported net external business inflows of £2bn in 2014, driven by sales of Martin Cholwill's UK Equity Income fund.

Schroders' Alex Howe has joined F&C as sales director on its UK wholesale team.

Jupiter head of institutional business Martin Harris has left the business after just eight months for personal reasons.

Sarasin & Partners has expanded its sales team with two new hires, in an effort to increase the distribution of its offering to the discretionary market.

UK All Companies saw record net outflows of £852m in September, according to statistics released by the Investment Management Association (IMA) today.

Kevin Addison has joined the funds arm of Brooks Macdonald as head of sales.