Baillie Gifford soars to pole position in Q2 Pridham Report

Up from fourth place in Q1

Beth Brearley
clock
James Budden of Baillie Gifford
Image:

James Budden of Baillie Gifford

Baillie Gifford has soared to the top spot for net retail sales in the latest Pridham Report, moving up from fourth place in the first quarter.

Baillie Gifford saw net retail sales of £855.5m in the second quarter of 2018, up from £717m in the first three months of the year, the latest report shows. Figures for Old Mutual Global Investors - the best-selling retail fund group of 2017 and in Q1 2018 - and Quilter Investors were not included in the tables due to the managed separation. Buxton's £25.7bn single-strategy business to rebrand as Merian Global Investors Helen Pridham, editor of the report, credited Baillie Gifford's strong net sales with low levels of redemptions due to the group being late to the party in terms of...

To continue reading this article...

Join Investment Week

  • 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

Trustpilot