Sunday, 4 August 2019

Who were the Best Fund Promoters in H1 2019 according to Lipper?

According to Lipper (an investment data firm founded in 1973 now owned by Thomson Reuters/Refintiv), the "best" fund promoter in H1 2019 was AXA.

AXA boasted net sales of 28.6 billion euro.

Blackrock came in second place with 23.1 billion euro, with PIMCO third at 23 billion euro.

Vanguard, who espouse the "four principles", came in at 9.9bn euros, less than 50% of PIMCOs sales.

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