Multi-asset pushes Rathbones up the ranks in latest Pridham Report
Blackrock and LGIM top the tables in quarter where Woodford hit investor sentiment
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.
The annual Pridham Report selects Standard Life as winning fund group 2013 as measured by net retail sales.
RDR is being blamed for the decline in mass market investment in Q1 2013 as net fund sales slumped to a five year low and ISAs were hit with net outflows, but some asset managers and their funds bucked such a trend…