Bond manager Pimco returned to the top of the European fund sales charts during the first half of 2019, with a bumper haul of investor cash that edged BlackRock’s iShares into second place.

According to data from Morningstar, Pimco registered net sales of €23.6bn between January and the end of June, allowing it to pull ahead of BlackRock’s exchange traded funds arm, which pulled in €21.1bn during the same period.