Lipper report: European investors ditch active funds for ETFs
Exchange-traded funds received €16bn in February whilst mutual funds lost €5.9bn
Exchange-traded funds received €16bn in February whilst mutual funds lost €5.9bn
Portfolio Adviser speaks with CEO Joseph Pinto following the publication of the firm’s results last week
Investors have shown no signs of breaking their broader entanglement with the Magnificent Seven
UK equity strategies suffered £14bn net outflows over the year
BlackRock, HSBC, JP Morgan among the best-selling European fund providers
Passive bonds attract £18.2bn
Investors added £2bn to equity funds in January in one of the best months on record, but Calastone warns that returning confidence ‘should be treated with caution’
Outflows increased by 36.3% compared to 2022
Rising equity markets pushed the value of mutual funds up by $10.7trn
‘Chilling effect’ in the US and active management redemptions have pushed flows into negative territory, Morningstar reported
European-domiciled funds as a whole attracted a net €49bn in 2023
Money market funds were the only asset class to achieve positive net flows in 2023