In a strong first quarter, managed solutions assets rose 5% to $3.6 trillion with all market segments experiencing solid gains. Rep as Portfolio Manager led all segments with asset growth of 8%, followed by UMAs at 5%, Mutual Fund Advisory and Separately Managed Account Advisory (SMAs) at 4%, and Rep as Advisor at 3%. Net flows remained strong across all segments with total net flows of $66 billion for the quarter.
The Q2 2014 edition of MMI Central – now available for member download – is your go-to resource for the latest statistical data on the managed solutions market. This edition also recaps key findings from MMI’s recent report on the distribution of alternative investments through wirehouse firms.