Old Mutual Global Investors has become the latest in a string of fund managers to see asset growth stall in the second quarter of 2015, even as it delivered a strong set of figures for the first six months of the year.

The asset management division of Old Mutual Wealth reported on August 6 that its assets under management had slipped to £22.4 billion by June 30, 2015, from £22.5 billion at the end of March.