BlackRock has topped the latest Pridham Report on fund sales data following huge inflows into its passive products.
The US-based asset manager topped the charts for both gross and net retail sales, bringing in slightly less than £2bn, in the second quarter of 2014.
Woodford Investment Management captured second place in the net sales table, with an estimated £1.6bn inflows, in spite of the fund only being launched in the final month of the quarter.
The remainder of the net sales top five was rounded out by Henderson, Standard Life Investments and BNY Mellon.
Helen Pridham, the author of the quarterly report, said 90 per cent of BlackRock’s inflows in the quarter had come from “bulk purchases” of its tracker funds.
The growing popularity of property funds had a significant impact on the sales figures in the past quarter.
Ms Pridham said Henderson was bolstered by flows into its Henderson UK Property fund, leading to a 29 per cent increase in total net sales compared to the first quarter.
And Scottish Widows Investment Partnership (Swip) also appeared on the top ten list for net sales, which the report attributed to new owners Aberdeen aggressively promoting its property fund.
