Vanguard debuts at number two in Pridham Report as passive players dominate

BlackRock holds on to top spot

Valeria Martinez
clock • 3 min read

Vanguard has secured the second spot in its Pridham Report debut, as passive managers continue to dominate UK retail sales tables in the second quarter.

According to the latest Pridham Report from ISS Market Intelligence (ISS MI), the US ETF giant led the way in mixed asset fund sales, and ranked second in terms of both gross and net retail sales. The firm's flagship £42bn multi-asset LifeStrategy fund range boosted its retail success, with the 80% equity option emerging as the top seller within its product line-up. Pridham Report: BlackRock retail sales dominance continues into first quarter The top five best-selling groups this quarter were all major passive investing players, with BlackRock holding the top spot, joined by Legal ...

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 unveils active Global Equity Income fund

Hargreaves Lansdown unveils active Global Equity Income fund

Partnered with Aegon, Baillie Gifford and JP Morgan

Linus Uhlig
clock 10 October 2024 • 1 min read
Hamilton Lane unveils global private infrastructure fund for wealth market

Hamilton Lane unveils global private infrastructure fund for wealth market

Sits on Evergreen platform

Beth Brearley
clock 08 October 2024 • 1 min read
Savvides takes over £1bn smaller mandate from Whitmore as investors flee funds

Savvides takes over £1bn smaller mandate from Whitmore as investors flee funds

AUM on both funds has dropped sharply

Eve Maddock-Jones
clock 08 October 2024 • 4 min read
Trustpilot