Amundi just pips BlackRock sales in January

Amundi just beat BlackRock in January to be the firm with the most sales in Europe, data shows.

The French asset manager saw €9 billion of net sales during the first month of the year, while BlackRock – so often used to being the dominant player in rankings – saw €8.7 billion. UBS came third with €4.5 billion.

The data, from Thomson Reuters Lipper and contained in its ‘European Fund Flows Report’ for January, also showed that Baillie Gifford Global Alpha Growth A Acc was the best-selling long-term fund, with €4.1 billion of inflows.

The report further shows that equity funds, with €30.2 billion of sales, were the best-selling individual asset type. Money market funds were second with €29.8 billion.

Overall fund flows to mutual funds in Europe amounted to net inflows of €88.6 billion during the month.

©2018 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST