Regulated alternative investment funds see fast growth

Alternative funds in Europe more than doubled their net inflows in June, receiving €24 billion compared to €11 billion in May. Every sub-category of the alternatives spectrum recorded the same or higher levels of net sales during the month, according to the European Fund and Asset Management Association (Efama). Yet total alternative assets under management decreased in June, by 0.1% to €5.2 trillion. Ucits assets decreased 1.9% to €8.1 trillion. The reason for the decrease was UK’s Brexit vote, with Efama’s figures revealing a €10 billion net outflow from Ucits funds during June. Net assets in European investment funds decreased 1.2%, resting at €13.4 trillion at June 30. Equity funds were the biggest losers, haemorrhaging €21 billion. In May this year, these vehicles attracted net inflows of €3 billion. Bond funds fared much better, with €8 billion in net inflows, although this was almost half the €14 billion they attracted in May. Inflows to multi-asset funds more than halved, reaching €2 billion in comparison with €5 billion the previous month. ©2016 funds europe

Executive Interviews

EXECUTIVE INTERVIEW: This is the year

Feb 16, 2017

Mark Weeks, head of ETF Securities, reflects on Brexit’s trampling of the FTSE and tells Nick Fitzpatrick he hopes to see stock and bond inflows top commodities for the first time this year.

EXECUTIVE INTERVIEW: A natural interest in the topic

Feb 16, 2017

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

SEC LENDING ROUNDTABLE: Both a borrower and a lender be

Jan 11, 2017

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.

EMERGING MARKETS ROUNDTABLE: The re-emergence

Jan 03, 2017

2016 was the year emerging markets returned to the spotlight, as they regained ground since the 2012 sell-off. Funds Europe asked our panel if this appetite will persist in 2017.