Positive end to 2011 for fund flows, but Europe lags

Mixed-chartFlows into non-money market funds worldwide returned to positive territory in the last quarter of 2011 following heavy outflows in the previous quarter. Figures from the European Fund and Asset Management Association (Efama) show that “long-term” funds – those not including money market funds – received €11 billion in Q4 last year, versus €58 billion of outflows in the quarter before. However, flows were driven by the US, while Europe saw outflows of €61 billion. Another driver was bond funds. Equity and balanced/mixed funds worldwide continued to see outflows, though at a reduced rate. Including money market funds, net inflows were €83 billion in Q4 and total assets worldwide increased by 7.5% to reach €19.97 trillion. ©2012 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.