River and Mercantile Group enjoyed total net inflows of £800m during the “challenging” first quarter of 2016, helping to bring its assets under management to £23.6bn.
An update for the three months to March 31 showed the firm’s fiduciary management and derivative solutions divisions fared well, with net inflows of £461m and £315m respectively.
The wholesale element of the firm’s equity solutions division held up less well, however, suffering a net outflow of £5m.
In the nine months to March 31, the company enjoyed a net inflow of £2.3bn across its divisions.
River and Mercantile chief executive Mike Faulkner said: “Again this quarter we have had positive net flows and investment performance in each of the divisions, despite challenging market conditions.
“We continue to deliver sustained investment returns and effective outcome led solutions to our clients, and remain strongly positioned for growth.”