Transactions amounting to £9.9bn and £3.9bn in the gross and retail categories put BlackRock ahead of nearest competitors M&G and Woodford Investment Management.
In the gross sales table there was a gap of almost £1bn between second-placed M&G’s £9.1bn for the year and Invesco Perpetual in third with £8.2bn. Occupying fourth and fifth were Standard Life Investments and Schroders on £7.4bn and £7.2bn respectively.
Woodford Investment Management was a little more than £100m from reaching the summit of the retail sales table on £3.8bn, while Henderson Group and Standard Life made third and fourth places with £2.64bn and £2.61bn respectively. Artemis completed the top five with £2.1bn in net retail sales.
BlackRock also took pole position in gross retail sales for the final quarter of 2014, with the firm’s £2.5bn flows representing 26.05% of its total for the year. However, Woodford edged ahead with Q4 net retail sales of £1.1bn, pipping BlackRock by less than £96m.
M&G took second in gross sales with £2bn, while Standard Life, Invesco and Fidelity followed on £1.9bn, £1.6bn and £1.4bn respectively.
In the net retail table for Q4 2014, third-placed Standard Life recorded sales of £769.2m, while Artemis and Old Mutual Global Investors rounded off the top five on £682m and £668m respectively.
Despite undergoing a 25% drop on the 2013 figures, equity funds were the top net sellers in 2014, with UK equity income being the most popular. Property funds experienced a significant 150% upward shift in net retail sales on 2013, hitting a record £3.8bn.
| Rank | Fund manager | Sales (£m) |
|---|---|---|
| 1 | BlackRock | £9,905.7 |
| 2 | M&G Investments | £9,104.8 |
| 3 | Invesco Perpetual | £8,275.2 |
| 4 | Standard Life Investments | £7,478.6 |
| 5 | Schroders | £7,285.2 |
| 6 | Henderson | £6,515.5 |
| 7 | Fidelity | £6,161.7 |
| 8 | BNY Mellon Newton | £5,306.0 |
| 9 | Artemis | £5,190.1 |
| 10 | Old Mutual Global Investors | £5,174.0 |
| Rank | Fund manager | Sales (£m) |
|---|---|---|
| 1 | BlackRock | £3,955 |
| 2 | Woodford Invesment Managers | £3,850 |
| 3 | Henderson | £2,649.2 |
| 4 | Standard Life Investments | £2,615 |
| 5 | Artemis | £2,178.9 |
| 6 | Old Mutual Global Investors | £1,869 |
| 7 | Royal London Asset Management | £1,037.4 |
| 8 | Kames Capital | £1,003.2 |
| 9 | HSBC Global Asset Management | £905.8 |
| 10 | Fundsmith | £851.1 |
| Rank | Fund manager | Sales (£m) |
|---|---|---|
| 1 | BlackRock | £2,580.6 |
| 2 | M&G Investments | £2,008.5 |
| 3 | Standard Life Investments | £1,908.9 |
| 4 | Invesco Perpetual | £1,841.1 |
| 5 | Fidelity Worldwide Investment | £1,648.4 |
| 6 | Henderson | £1,539.1 |
| 7 | Old Mutual Global Investors | £1,505 |
| 8 | BNY Mellon Newton | £1,437 |
| 9 | Schroders | £1,382.3 |
| 10 | Artemis | £1,377.8 |
| Rank | Fund manager | Sales (£m) |
|---|---|---|
| 1 | Woodford Investment Management | £1,100 (e) |
| 2 | BlackRock | £1,014.3 |
| 3 | Standard Life Investments | £769.2 |
| 4 | Artemis | £682.2 |
| 5 | Old Mutual Global Investors | £668 |
| 6 | Henderson | £437.7 |
| 7 | HSBC Global Asset Management | £418.3 |
| 8 | Fundsmith | £366.7 |
| 9 | Royal London Asset Management | £266.8 |
| 10 | 7IM | £258.9 |
