Baillie Gifford and Liontrust rake in record sales as investors pile into active and sustainable funds
Baillie Gifford Positive Change and Liontrust Sustainable Future range among fund groups’ top sellers
Baillie Gifford Positive Change and Liontrust Sustainable Future range among fund groups’ top sellers
Strategic Bond fund that has return 19% during coronavirus sell-off is singled out in latest Pridham Report
Blackrock and LGIM top the tables in quarter where Woodford hit investor sentiment
Pridham Report reveals the top-selling asset managers for Q2 2019
Pridham Report reveals top-selling fund houses for the year
Having the right products in the right countries helped Baillie Gifford and Royal London Asset Management bag the most net retail funds sales during the second quarter, research has found.
Strong sales of index tracker funds propelled Legal & General Investment Management (LGIM) to the top of the net retail sales charts in the second quarter, according to the latest Pridham Report.
Continued growth in the Fidelity Moneybuilder and global dividend franchises helped the firm to its best net retail sales showing in over a decade.
Woodford Investment Management, Standard Life Investments and BlackRock led the way in terms of retail sales in 2015, but altered market conditions this year threaten to shake things up considerably.
While Woodford Investment Management took top position in terms of net retail sales in Q3, it was firms with better control over their distribution that dominated the fund sales chart, according to the latest Pridham Report.
Income funds are popular as fears over value dampens interest in growth funds.
Investor appetite for equity funds seems to be returning if Helen Pridham’s eponymous report of UK fund sales data is anything to go by.