Amvescap, the Anglo-US manager, today registered net quarterly inflows for the first time in almost four years as it prepared to face an "embarrassing" revolt on remuneration at tomorrow's annual meeting.

The fund manager, which has suffered from poor performance and the fallout from the US mutual fund scandal, posted net inflows of $1.5bn compared with net outflows of $2.5bn for the same period last year. It represented the first positive net flows for 15 quarters.