Latest statistics from Lipper show the 10 most successful funds in terms of sales in 2012 (year-to-date to the end of August) attracted 31% of all net sales, out of a selection of almost 22,000 equity, bond and mixed asset funds.
This compares to the top ten funds in 2003 witnessing just 13% of total net sales. On top of this, the total proportion of funds that have managed to attract positive inflows so far this year is just 37% compared to 50% in 2003 – making the top ten asset gathering funds stand out even more.