Asset managers lose £1bn in Q1 despite 54% reporting net gains
The drop in sales was ‘negligible compared to the total money deployed in markets’ and was higher than the previous quarter
The drop in sales was ‘negligible compared to the total money deployed in markets’ and was higher than the previous quarter
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Pridham Report shows a quarter of growth for active equity funds
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While 43% posted positive net flows to signal improving investor confidence
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Passive funds were the most popular purchase, accounting for 74% of sales over the period
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BlackRock tops gross and net annual flows for 10th consecutive year
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Strong overall performance for fixed income funds
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But Baillie Gifford drops out of top 10 fund groups by gross sales, according to the Pridham Report
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Demand for fixed income funds propels AllianzGI and Edentree higher up the sales chart, according to the latest Pridham Report
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Fund group enjoys record quarter as gross sales for its equity products jump 60%
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Pridham Report reveals how rotation away from growth helped Schroders towards the end of the year
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Passives giant surpasses Liontrust and Baillie Gifford in the latest Pridham report
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HSBC Gam and LGIM boosted by DFMs looking to curb MPS costs
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