PA ANALYSIS: Global fund popularity disguises growing investor wariness
Investors are seeking greater geographic diversity but trends also show they’re growing nervous.
Investors are seeking greater geographic diversity but trends also show they’re growing nervous.
The asset manager says net sales were positive over the first half of 2011 but less than in 2010.
According to the IMA net retail inflows into tracker funds trebled last year over 2009s figures.
European fund sales continued to slow according to EFAMA data for June 2011
A select few Japanese equity funds and absolute return mandates have posted gains this summer.
Since the turn of the year, the defensive healthcare and biotech funds have given solid returns.
IMA says strong inflows from retail and institutional investors showed a bias towards global funds.