Fidelity tops retail funds

In 2000, Fidelity topped the UK retail funds industry in terms of assets under management and market share, overtaking Schroders, which saw its market share fall by just under 1%. Fidelity, which has £16.5bn in assets under management, had a 6.13% market share at the end of 2000, according to the newly published UK Fund Industry 2001 Review & Directory from PBI Newmedia. Schroders, which was in second place as of the end of 2000, has a market share of 4.78%, M&G's is 4.68% and Threadneedle has 4.26%, having climbed from 3.93% in 1999. However, with the combination of Invesco and Perp...