We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

Close
In association with

Home > Your Industry > Companies & People

Kames Capital continues to out-sell giant rivals

Edinburgh-based boutique remains on list of top-selling fund providers, M&G Investments continues to dominate competition.

By John Kenchington | Published Aug 14, 2012 | comments

Kames Capital has continued to outsell major fund rivals, notching up net sales of £258m in the second quarter of 2012.

The latest Pridham fund sales report from Fundscape shows that the Edinburgh-based fund boutique rose from sixth place in the first quarter to fifth place last quarter, in the UK asset manager net sales rankings.

The group’s net sales were higher than those of many major asset managers including Fidelity, Invesco Perpetual, Schroders, Legal & General Investments, Threadneedle, Swip and Jupiter.

The report said Kames was among a handful of groups that benefited from investor demand for bond funds, also including Invesco Perpetual and Fidelity.

Leading this group was M&G Investments, which with £1.3bn of net fund sales in the second quarter - following on from industry-leading sales of £1.4bn in the first quarter - continued to cominate all competition.

Elsewhere, former third-place group Threadneedle dropped to ninth place in net fund sales terms in the second quarter.

Kames entered the top-five net fund sales lists in the third quarter of last year and has remained consistently present since then.

Top ten managers by net retail sales in Q1 2012 (£m)

1

M&G Investments

1,273.6

2

BlackRock

566.8

3

Standard Life Investments

478.0

4

BNY Mellon

420.0

5

Kames

258.0

6

Axa Investment Managers

245.6

7

Cazenove Capital

210.5

8

Jupiter

187.0

9

Threadneedle

162.5

10Scottish Widows132.2

visible-status-Standard story-url-IA WEB 200812 Pridham.xml

COMMENT AND REACTION
Most Popular
More on FTAdviser
FTA jobs