Investors turned to active management and sustainable funds across Q2 2020, "anxious" to participate in the market recovery, according to the latest Pridham Report.
Following March's "flight to safety", the assurance from governments that they were prepared to do "whatever it takes" to avoid a serious recession buoyed markets and saw investors return to active management. Active management edges out passive performance in Q1 With both active and sustainable credentials, Royal London Asset Management (RLAM) and Liontrust took the top spots from last quarter's passive winners, with £1.3bn and £964m of net retail sales placing the pair in first and third respectively, while Baillie Gifford broke both its gross and net retail sales records, putting t...
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