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

Sponsored articles

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

CEO INTERVIEW: Munro gains three-year track record

Mar 16, 2017

Aviva Investors’ annual results this month were the third set since Euan Munro took over as CEO. Nick Fitzpatrick speaks to him about the ‘Aims’ fund at the heart of the firm’s outcome strategy.

DISTRIBUTION INTERVIEW: Tales of the unexpected

Mar 16, 2017

Laurence Terryn, a fund selector at Candriam, tells David Stevenson how the twists and turns of the past year’s macro environment flavoured her approach to fund selection.

Roundtables

ASSET SERVICING ROUNDTABLE: Under pressure

Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.

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.