F&C Asset Management reported £128.1 billion ($225 billion) in assets under management as of June 30, said spokeswoman Deborah James. That's a 2.2% gain from the previous quarter and a 2.6% increase year to date. The company didn't provide an AUM figure for the previous year because of last year's merger of F&C and ISIS, the money management arm of insurance and financial services company Friends Provident. The latest numbers also don't reflect the pending withdrawal of $22 billion in insurance assets that F&C now manages for insurance company Resolution Life. In June, Resolution Life announced it will manage those assets internally in the first half of 2006, following its planned merger with Britannic Group.