European fund industry grows in 2017

The European fund industry’s assets under management have risen so far this year from €9.4 trillion to €10.2 trillion, according to Thompson Reuters Lipper.

The financial services firm’s third quarter review of the European fund industry said that the highest number of fund launches was mixed-asset funds, while bond funds showed the highest number of fund mergers and equity funds showed the highest number of liquidations for 2017 to date.

BlackRock was the largest fund promoter in Europe, followed by Amundi and JP Morgan.

BlackRock, with net sales of €84.9 billion, was also the bestselling fund promoter for the first nine months of 2017 overall, ahead of Pimco at €41.8 billion and Amundi at €39.4 billion.

Bond funds were the bestselling asset type for 2017 to date, with sales of €232.9 billion.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST