Legal & General Investment Management (LGIM) saw net inflows of £3.1 billion for the third quarter of 2013, versus an outflow of £0.2 billion a year ago.
The growth in net inflows was primarily driven by international clients division which contributed £6.9 billion. International assets now total £57 billion.
Go deeper with GlobalData
Total gross inflows between July and September were up 71% to £15.4 billion from £9 billion in the third quarter of 2012.
Net flows into institutional unit trusts were £100 million, the firm said.
L&G group chief executive Nigel Wilson said: "We are known for providing value for our 8 million customers and are working closely with government and regulators to help customers get the best possible deal.
"LGIM, whose fees average just over 0.1% and Cofunds, whose platform fees are less than 0.3%, offer outstanding value to both institutional and retail customers."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
