OMGI named as top-selling fund group of 2017

Data from Pridham Report

Laura Dew
clock • 2 min read

Old Mutual Global Investors (OMGI) has been named as the top-selling fund house by net retail sales in 2017, reporting £3.4bn of inflows, according to the latest Pridham Report.

In the most recent report covering 2017 and Q4, OMGI saw the most sales over both periods - in the fourth quarter it had net retail sales of £1.2bn. Helen Pridham, editor of the Pridham Report, said the firm had seen a notable uptick in sales since Richard Buxton joined in 2013. OMGI ousted last year's top-selling firm Fidelity, which dropped out of the table. OMGI tops Q3 Pridham Report with almost £1bn in net retail sales Other strong performers during 2017 were BlackRock, with sales of £3.3bn, and Legal & General Investment Management (LGIM), which reported net retail sales o...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Hargreaves Lansdown's Lund-Yates: Equity strategies for the new tax year

Hargreaves Lansdown's Lund-Yates: Equity strategies for the new tax year

ISA season deadline

Sophie Lund-Yates
clock 15 March 2024 • 3 min read
Investment Week reveals finalists for Fund Manager of the Year Awards 2024

Investment Week reveals finalists for Fund Manager of the Year Awards 2024

Ceremony on 20 June

Katrina Lloyd
clock 13 March 2024 • 10 min read
Schroders lines up launch of UK venture and growth capital LTAF

Schroders lines up launch of UK venture and growth capital LTAF

Subject to regulatory approval

Valeria Martinez
clock 06 March 2024 • 1 min read
Trustpilot