The investor migration to passive products has continued over the course of the first quarter of 2020, but strong sustainable funds have kept active managers in the top ten, according to the latest Pridham Report.
Strong net sales following a decisive General Election gave Q1 2020 a positive start, before coronavirus came to dominate every area of life and change the way people do everything, including invest. Pridham Report: 2019 flows 'well below average' despite positive Q4 However, two themes have continued to grow over the past three months and investors continue to shift to passive products, helping BlackRock top both the gross (£7.7bn) and net (£1.4bn) retail sales charts, while Royal London Asset Management (RLAM), Liontrust and Rathbones benefitted from increased sales in sustainable f...
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