Baillie Gifford has held onto the top spot of the Pridham Report for the second consecutive quarter, helped by net retail sales of its American, Japanese and Global Discovery funds.
The latest Pridham Report reported Baillie Gifford saw net retail sales of £865m in the third quarter of 2018, a slight increase from £855m in the second quarter. Pridham Report editor Helen Pridham said the firm was on a "winning streak" with retail intermediaries. "Baillie Gifford, which tops the net retail sales chart, also saw both its gross and net sales increase slightly over the quarter. "Its funds have long been popular with institutional investors, but it is now on a winning streak with retail intermediaries. Its best-selling products include its American, Japanese and G...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
