BlackRock is back at the top of the net retail sales table in the latest Pridham Report on the back of positive net flows into its passive funds.
The asset manager saw net retail sales of £988m in Q1 2019, having failed to make the top ten in the previous Pridham Report, which covered Q4 2018. Legal & General Investment Management (LGIM) was bumped down to second place for net retail sales in Q1, having been in pole position in Q4. LGIM saw net retail sales of £729m, with mixed asset funds comprising over two thirds the flows. Allianz Global Investors and T. Rowe Price also made it into the top ten for net retail sales, with strong performers Allianz Gilt Yield and Allianz Strategic Bond, both managed by Mike Riddell, boosti...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
