Are the Clouds About to Part for the UK Fund Industry? Key findings from the latest issue of The Pridham Report
2024 opened with elevated retail gross sales of UK domiciled funds compared to 2023. This included quarter-over-quarter and year-over-year sales growth in all three major asset classes.
ISS Market Intelligence Report Reveals 7% Decline in UK Multi-asset Fund Sales
Despite a marginal 2% increase within the broader financial adviser channel, the report uncovers challenges faced by various participants, with only 28% of fund managers registering growth in multi-asset fund sales.
ISS MI Enhances MarketPro Platform with Private Funds Intelligence
MarketPro provides actionable intelligence that enables asset and wealth management firms, insurance companies, service and technology providers to better target financial professionals including Registered Investment Advisors (RIAs), broker-dealers, trust companies, and insurance agents.
A Tale of Two Multi-Asset Solutions
2023’s net sales gap of £10.5 billion between MPS and multi-asset funds represents a significant rise from the £4.6 billion gap recorded in 2022.
U.K. Model Portfolios Outperform Overall Fund Sales, ISS Market Intelligence Finds
The report highlights a significant surge in model portfolio investment fund sales in the second half of the year, an 11% growth compared to 2% for the entire investment fund channel on a trailing six-month gross sales basis.
New Brit ISA Policy: ISS MI Data Shows Decline in Demand Across Europe for Domestic Investments
European investors and fund selectors are increasingly investing abroad in search of equity returns and are leaving their home bias at home.
Demand for home-based investments declining across Europe
Once the equity taps turn on again and the money starts flowing back in, European equity funds—country specific or broad—may not regain their footing. European investors’ approach to equity selection appears to no longer be centered on home soil. Funds investing abroad may instead find richer waters.
Windows into Defined Contribution, Q4 2023
Gross inflows have increased year-over-year even as net figures plunged, with gross contributions from both employers and participants recording steady growth.
ISS Market Intelligence Report Reveals Scale as Key Driver for RIA Growth
The concentration of assets and RIA firms, wholesaling coverage challenges, growing centralized access, and blurring distinctions between advisor channels have asset managers rethinking their distribution strategy.
Are the Clouds Parting? – Q4 2023 Financial Adviser Sales Highlights
There were 689 financial adviser firms with £1 million in net sales or more during this quarter.