Net inflows at Old Mutual Global Investors surged last year, following its success in persuading distributors to find a prominent place for its star managers on their distribution platforms.
Inflows increased 250% to £2.5 billion to the year to the end of December. The hike follows a 22% rise in OMGI gross sales to £9.2 billion. Assets under management now total £21 billion, a rise of 31% over the year.