Pridham Report: 54% of Fund Groups Report Net Sales Growth in Q1 - IFA Magazine

Asset managers lose £1bn in Q1 despite 54% reporting net gains

Over half (54%) of fund groups in the UK reported positive net sales in the first quarter, yet fell £1bn throughout the period overall, according to the latest Pridham Report. However, EMEA Research Leader at ISS MI Benjamin Reed-Hurwitz said the loss “was negligible compared to the total money deployed in markets”. “Despite a challenging macroeconomic backdrop – with sticky inflation, shifting interest rate expectations and ongoing geopolitical…

Pridham Report: 54% of fund groups report net sales growth in Q1 - Wealth DFM

More than half (54 percent) of U.K. fund groups reported net sales growth in Q1, according to the latest Pridham Report. Net sales did dip slightly (£1bn) overall, but the fall was negligible compared to the total money deployed in markets, highlighting how investors are holding their nerve in the face of ongoing volatility. Gross sales remained elevated, growing 3 percent compared with Q4 2024 and 5 percent compared with Q1 2024. The Pridham Re…

Pridham Report: 54% of fund groups report net sales growth in Q1 - IFA Magazine

More than half (54 percent) of U.K. fund groups reported net sales growth in Q1, according to the latest Pridham Report. Net sales did dip slightly (£1bn) overall, but the fall was negligible compared to the total money deployed in markets, highlighting how investors are holding their nerve in the face of ongoing volatility. Gross sales remained elevated, growing 3 percent compared with Q4 2024 and 5 percent compared with Q1 2024. The Pridham Re…