Ethical funds see platform flows surge
ETF launches boost sales of ESG products
ETF launches boost sales of ESG products
But advisers are considering move to active ahead of anticipated bear market
US investors have begun 2018 in a very bullish mood, with inflows into equities funds over the last four weeks hitting a new record, according to a report from BofA Merrill Lynch Global Research.
Despite a lacklustre year for returns, investors flocked into fixed income funds in 2017 with some £11bn invested into the various Investment Association sectors until the end of October.
Inflows to European-domiciled funds hit a record high in the first half of 2017 at the expense of their struggling US counterparts, according to the latest data from Morningstar.
Pioneer struggled with €1.5bn (£1.3bn) of outflows in March as investors escaped funds run by its former head of European fixed income, Tanguy Le Saout.
Global flows into fixed income funds more than doubled those into equity products last month, according to Thomson Reuters Lipper.
Rising commodity prices and assurance of continued low interest rates saw emerging market equity funds welcome fresh inflows for the seventh week running, their longest winning streak since last September.
Actively managed funds appear to be lagging passive investments as Thomson Reuters Lipper publishes its 2016 European fund flow data.
Strong market performance and the return of retail investors in December helped push funds under management by UK asset managers to just over £1trn in 2016.
Global assets held by the fund management industry fell by $133.3bn in November according to the latest data from Thomson Reuters Lipper.
In the aftermath of the US elections, investors have been selling off bonds and buying equities. Is this a sign the long-awaited Great Rotation is finally unfolding?