Asset managers lose £1bn in Q1 despite 54% reporting net gains
The drop in sales was ‘negligible compared to the total money deployed in markets’ and was higher than the previous quarter
Pridham Report
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Pridham report: Over half of UK fund groups see sale improvement in end of 2024
Pridham Report shows a quarter of growth for active equity funds
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Pridham report: Over half of UK fund groups grow net sales for third straight quarter
While 43% posted positive net flows to signal improving investor confidence
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Asset managers report elevated gross retail sales in first quarter
Passive funds were the most popular purchase, accounting for 74% of all sales over the period
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Pridham Report: ‘Bruising’ 2023 sees record outflows for UK fund industry
BlackRock tops gross and net annual flows for 10th consecutive year