Pridham report: Over half of UK fund groups grow net sales for third straight quarter
While 43% posted positive net flows to signal improving investor confidence
While 43% posted positive net flows to signal improving investor confidence
|
|
UK investors remove net £136m in May after March and April inflows
|
|
They raked in £11.4bn in the first half of the year, with UK investors favouring US and global funds
|
|
Largely driven by inflows into fixed income products
|
|
Passive funds were the most popular purchase, accounting for 74% of sales over the period
|
|
US sustainable flows deplete by $8.8bn
|
|
All major asset classes suffered a second consecutive month of net withdrawals
|
|
Exchange-traded funds received €16bn in February whilst mutual funds lost €5.9bn
|
|
Portfolio Adviser speaks with CEO Joseph Pinto following the publication of the firm’s results last week
|
|
Investors have shown no signs of breaking their broader entanglement with the Magnificent Seven
|
|
UK equity strategies suffered £14bn net outflows over the year
|
|
BlackRock, HSBC, JP Morgan among the best-selling European fund providers
|
|