Net sales of Ucits funds and Alternative Investment Funds (AIFs) totalled €6 billion in March, down from €13 billion in February, according to the latest data from the European Fund and Asset Management Association (Efama).
Net sales of Ucits funds and Alternative Investment Funds (AIFs) totalled €6 billion in March, down from €13 billion in February, according to the latest data from the European Fund and Asset Management Association (Efama).
London-based Legal & General Investment Management (LGIM) has launched two sustainable investment funds aimed at investors seeking to diversify across asset classes whilst incorporating environmental, social and governance (ESG) considerations.
Flows into equity exchange-traded funds (ETFs) were significantly down in the first four months of the year compared to the same period in 2018 – but data suggests investor appetite for these passive equity products is growing.
Germany’s fund industry saw net inflows of €24.5 billion during the first quarter of the year, according the German Investment Funds Association (BVI).
Many global investors have taken out protection against a fall in equity markets over the next three months.
Many equity funds saw an “excellent” start to the year, with 38 out of the 39 peer groups studied outperforming – 30 of them in double-digits.
A global small-cap equity fund has resulted from the fund management partnership between American Century Investments and Nomura Asset Management, who say the product is a response to demand for diversification.
Fund managers sound optimistic about a continuation of the market rally, given improving economic prospects in the US and China. And there’s plenty of cash on the sidelines that missed the rally, says one.
By one measure, and despite the Brexit issue, French equity funds have been hit harder than UK equity funds since the start of 2016. Cameron Brandt, a fund flows specialist at EPFR Global, looks at the problem with France.
Fund search activity suggests UK Property is piquing investor interest, among broader strategies such as Global Equity, writes Tom Ashford.
