Neptune AUM exceeds £7 billion

Neptune Investment Management has passed the £7 billion landmark in terms of assets under management (AUM).

Throughout last year, the equity fund manager’s assets rose by over £2 billion, with 60% of this growth contributed by net inflows.

Neptune says the growth is the result of the popularity of its global sector investment approach, consistent returns across a range of market conditions and a growing demand amongst British and international investors for equities. (article continues below)

Richard Green, the deputy managing director, expects Neptune to benefit further from asset allocation changes away from fixed income into equities.