M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.
Investors’ move into bond funds in the final quarter of 2011 helped M&G retain its position as the UK’s top seller of funds to retail investors, according to the latest Fundscape Pridham Report. The quarterly report revealed M&G was 2011’s largest selling fund group on both a gross and a net basis, and one of a few to see net retail sales increase in the fourth quarter. Many of the other 2011 winners benefited from their ability to leverage off wider distribution networks: Santander, HSBC and Lloyds Banking Group’s Scottish Widows and SWIP all feature in the top ten, as well as insure...
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