Standard Life Investments’ assets under administration (AUA) for nine months ended 30 September 2015 increased by 2% to £301.9bn in volatile markets from £296.6bn a year ago.
The rise in AUA is driven by strong net inflows of £5.8bn, including net inflows of £2.4bn in the third quarter of 2015.
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For the first nine months of 2015, third party net inflows reached £5.3bn compared to £3.9bn a year ago.
Net inflows in the wholesale and institutional more than doubled to £10.0bn from £4.4bn in the same period last year, representing annualised 14% of opening AUM, including £2.9bn in the third quarter of 2015.
Standard Life said that 64% of net inflows year to date came from outside the UK as the group continues to expand its global reach.
The UK and Europe business continues to build momentum with net inflows of £1.9bn compared to £1.5bn in the year ago period, the company said.
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By GlobalDataUK retail and workplace assets increased by £2.5bn, while those linked to annuities and with profits policies fell by £1.4bn.
Standard Life has added 190,000 new customers in the year to date under the auto-enrolment scheme introduced in 2012, with 70,000 in the latest quarter. These contributed to a 12% rise in regular contributions into workplace pensions.
Wrap assets grew by 20% year-on-year to £23.6bn with Wrap net inflows up 25% to £3.3bn, including a record £1.2bn in the third quarter of 2015.
Additionally, Standard Life has agreed to increase its stake in HDFC Life from 26% to 35% for £170m subject to regulatory approval.
Standard Life Investments CEO Keith Skeoch said: "Standard Life has performed well against a backdrop of volatile investment markets. We have delivered consistently strong investment performance and record third party net inflows of £10bn across our institutional and wholesale channels.
"The strength of our propositions has helped our Wrap platform to achieve its highest ever quarterly net inflows and regular contributions into our workplace pensions are growing strongly."
