Equity ETF flows drop below €1bn
Net sales of equity ETFs fell dramatically in August, according to Lipper data, with net flows into eurozone equity ETFs showing the biggest drop, falling into negative territory.
Net sales of equity ETFs fell dramatically in August, according to Lipper data, with net flows into eurozone equity ETFs showing the biggest drop, falling into negative territory.
Global flows into fixed income funds more than doubled those into equity products last month, according to Thomson Reuters Lipper.
Actively managed funds appear to be lagging passive investments as Thomson Reuters Lipper publishes its 2016 European fund flow data.
Donald Trump’s election victory has triggered an almost unprecedented move into US equities.
The UK market saw net outflows of €1.7bn in October, according to the latest European fund flow trends data from Lipper, the highest of any single European fund market.
While commentators are quick to praise innovation within the funds space, is there a case to say that the industry is still edging towards conservatism and risk aversion?
Assets under management in the global fund market stalled at $36 trillion during the second quarter of the year, according to data company Lipper.
The number of new mixed-asset funds launched in 2014 and registered for sale in Europe exceeded the number of bond launches last year and accounted for 25% of the market, data from Lipper showed.
European investors pulled out a net 5bn from USD corporate high yield funds alone in July.
According to the latest numbers from Lipper, bond funds continue to see strong inflows.
The European mutual fund industry attracted 212.2bn in 2012, significantly more than the 175.1bn of inflows into US mutual funds despite the relatively smaller size of the two markets.
European fund launches hit a five-year low in Q1 2012 as just 435 new funds came to market, the lowest first quarter total since 2008.