Are the Clouds Parting? – Q4 2023 Financial Adviser Sales Highlights
In this latest UK financial adviser fund sales highlights, Benjamin Reed-Hurwitz, EMEA Research Leader at ISS MI, focuses on the latest net sales trends for Q4 2023, gathered directly from platforms and asset managers. Benjamin details fund sector performance, and considers changes taking place within the UK investment landscape. Q4 2023 Fast Facts The below […]
In this latest UK financial adviser fund sales highlights, Benjamin Reed-Hurwitz, EMEA Research Leader at ISS MI, focuses on the latest net sales trends for Q4 2023, gathered directly from platforms and asset managers. Benjamin details fund sector performance, and considers changes taking place within the UK investment landscape.
Q4 2023 Fast Facts
The below data is based on on-platform financial adviser investment fund sales through ISAs, Personal Pensions, General Investment Accounts and Investment Bonds.
Totals
 | Net Sales: -£0.9 billion |
Wrappers (Net Sales)
 | GIA: -£110 million |
 | Pension: £270 million |
 | ISA: -£1.2 billion |
 | Bond: £60 million |
Firms
 | Number of firms with £1 million in net sales or more: 689 |
Funds (Net Sales)
 | Active: -£2.2 billion |
 | Passive: £1.3 billion |
Ten Best Selling IA Sectors by Net Sales
| Unclassified | USD Government Bond |
| UK Gilts | Global Emerging Markets |
| Volatility Managed | Japan |
| Short Term Money Market | Standard Money Market |
| Global | Global Inflation Linked Bond |
Three Best Selling Fund Managers by Net Sales
- Legal & General Investment Management
- Vanguard Asset Management
- BlackRock Investment Management
Note: For the latest Bank of England statistics, please go to https://www.bankofengland.co.uk/statistics/tables
Commentary by ISS Market Intelligence
By: Benjamin Reed-Hurwitz, Vice President, EMEA Research Leader ISS Market Intelligence
