Fundsmith surges into Pridham Report top ten as Baillie Gifford tops active sales

ESG flows boost Liontrust and Rathbones

A near-50% increase in gross sales helped Fundsmith break into the Pridham Report's top ten managers for the measure, as strong performance through the coronavirus pandemic meant Baillie Gifford was the best-selling active house in the UK.

Fundsmith saw its gross sales soar by 45% to £6.7bn, as the firm's flagship Fundsmith Equity offering continued to deliver impressive returns for unitholders, meaning it was the ninth best-selling asset...