Chief government Mike O’Shea stated the constructive flows momentum got here to a halt in September because of “important uncertainty” forward of the 30 October Funds, which he stated had “dented investor sentiment extra lately”.
“Consequently, the enhancing surroundings for gross sales that we noticed over the summer season has reversed,” the CEO stated in a buying and selling assertion as we speak (11 October).
Internet flows for September had been detrimental, with a “significant redemption” from one of many agency’s UK-focused funding belief.
Premier Miton poaches Tatton funding specialist to spearhead MPS launch
Nonetheless, O’Shea stated he…
