Pridham Report: BlackRock takes back top spot as fund switches rife

Brexit uncertainty

Beth Brearley
clock • 2 min read

BlackRock is back at the top of the net retail sales table in the latest Pridham Report on the back of positive net flows into its passive funds.

The asset manager saw net retail sales of £988m in Q1 2019, having failed to make the top ten in the previous Pridham Report, which covered Q4 2018. Legal & General Investment Management (LGIM) was bumped down to second place for net retail sales in Q1, having been in pole position in Q4. LGIM saw net retail sales of £729m, with mixed asset funds comprising over two thirds the flows. Allianz Global Investors and T. Rowe Price also made it into the top ten for net retail sales, with strong performers Allianz Gilt Yield and Allianz Strategic Bond, both managed by Mike Riddell, boosti...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

AIM has helped 4,000 businesses raise £135bn since launch

Eustace Santa Barbara
clock 19 June 2025 • 4 min read
AIM at 30: Why advisers should take a fresh look at the UK's junior market

AIM at 30: Why advisers should take a fresh look at the UK's junior market

'We see AIM as a jewel in the crown with long-term appeal for the right clients'

Oliver Brown
clock 17 June 2025 • 4 min read
Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read