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Pridham Report: BlackRock remains on top even as net sales sag 40%


For gross retail sales, the top six managers remained the same as the second quarter, while Baillie Gifford re-entered the top ten to take the seventh spot, pushing Jupiter out of the rankings.
The report noted Baillie Gifford had returned thanks to an 80% surge in new business compared to the previous quarter, with its best-selling fund being the Baillie Gifford European.
There was more shifting within the ranking for net retail sales, as M&G fell from number two to eight, while Royal London AM climbed from sixth to third spot.
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