BlackRock secured £5.7bn in gross retail sales in the second quarter of this year, once again topping the list of top ten managers, while HSBC Global Asset Management leading the net sales chart, according to The Pridham Report.
Net retail fund sales remained strong in the second quarter of 2021 as the UK gradually emerged from the third national lockdown. When it comes to gross retail sales, Legal & General IM came in second at £4.1bn, whileFidelity came in third place at £3.6bn. On the net sales side, HSBC GAM scooped the top spot for gross retail sales with £1.3bn. Legal & General IM is again in second place, with £1,2bn of sales. Pridham Report: Baillie Gifford remains investor favourite as Fundsmith drops out of top ten BlackRock and HSBC Global Asset Management together with Legal & General Investm...
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