BlackRock recorded the highest net retail sales for fund groups in the first quarter of 2017, according to the Pridham Report, selling more than double the second-placed firm.
BlackRock saw net retail sales of £1.5bn, up from £1.1bn in the fourth quarter of 2016, and gross retail sales of £4.3bn, thanks to the inflows into passive funds. However, sales of its actively-managed funds alone would have still gained the fund house a top ten place in the Q1 Pridham Report. Fidelity sees strongest sales on record in 2016 Schroders was second on the net retail sales table with inflows of £655m - a big jump considering the group did not make the top ten in the previous quarter - while OMGI was third with sales of £544m, up from £423m the previous quarter. "Schrod...
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