Schroders PLC reported its assets under management rose to a record 816.7 billion British pounds in the third quarter, boosted by strong client inflows and supportive markets.
The British fund manager said on Thursday that total assets grew 5% from the end of June.
The company attracted net new business of 4.9 billion British pounds, excluding joint ventures, a significant increase from 0.3 billion British pounds in the same period last year.
For the first nine months of the year, net inflows reached 9.4 billion British pounds, reversing an outflow of 3.6 billion British pounds from the year-earlier period.
"We are pleased to report our fourth successive quarter of positive net new business excluding JVs and associates, and £9.4 billion of positive net flows in the first nine months of the year," Group Chief Executive Richard Oldfield said in a statement.
"AUM hit an all-time high, buoyed by supportive market conditions."
The results come as Schroders simplifies its operations, which includes exiting markets in Brazil and Indonesia and regaining full ownership of its Cazenove Capital wealth management business.
The Asset Management division saw net inflows of 4.4 billion British pounds, driven by demand for pension-focused solutions, while its joint ventures saw outflows of 2.7 billion British pounds.