Vanguard outpaces rivals in platform sales in 2019
Gross sales of £3.9bn double that of nearest rivals
Vanguard topped the best funds and platforms lists for 2019
Vanguard has topped the tables in Fundscape's latest Platform Report, with double the sales of its closest rivals Legal & General and BlackRock, as it benefited from the model portfolio trend and use of trackers in portfolios.
According to Fundscape, in Q4 2019 Vanguard's gross sales on platforms hit £3.9bn, while Legal & General and BlackRock managed £2bn respectively. The top ten fund groups by gross and net sales included...
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