Five of the best-selling UK-registered funds throughout 2017 were BlackRock equity trackers, only a year on from when the top ten funds for highest inflows were all active mandates.
According to data from Morningstar, BlackRock's ACS 50:50 Global Equity Tracker fund was the best-selling product of 2017, with estimated net flows of £8.4bn. This was significantly higher than the second best seller - M&G's £22.6bn Optimal Income fund, run by Richard Woolnough. This saw net inflows of £5.4bn, compared to £3.1bn of outflows in 2016. In addition, BlackRock's ACS UK Equity Tracker was third, despite negative sentiment towards the UK in 2017, its ACS World ex UK Equity Tracker was fourth, and its ACS 30:70 Global Equity Tracker and ACS 60:40 Global Equity Tracker were s...
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