Archive

30 Nov

Posted at 13:09h in
Fundscape's Q3 Distribution Report has just been published.  Overall, it was a difficult third quarter for fund distribution.  Gross sales totalled £22.1bn and were down 5% in the previous quarter and also in the same period in 2011. but highlighting the lack of sticky business was the fact that net sales fell 41% to £2bn.  The press release is available here.

01 Mar

Posted at 16:23h in
Click here for the Pridham press release for the fourth quarter of 2011. Click here for the Platform press release for the fourth quarter of 2011. Click here for the Distribution press release for the fourth quarter of 2011.

09 Nov

Posted at 10:31h in
Overall platform assets declined by 2.3% to £163.9bn in the third quarter as the eurozone crisis took its toll. However Axa Elevate, Nucleus and Ascentric bucked the trend. Despite the summer of discontent, gross sales rose by 1.4% to £12.5bn relative to the previous quarter, but net flows were down slightly (-0.7%) to £7.5bn.  Sales would have been a damp squib were it not for Cofunds with gross flows of £4.6bn and net flows of £3.3bn.