Inflows to European-domiciled ETFs were positive for the 23rd year in a row last year, despite market turmoil. However, assets under management (AUM) declined, and it was only the industry's fifth-highest yearly inflow figure on record, according to Refinitiv Lipper.
French small-cap specialist boutique Sepiam is to be acquired by fund management group Montségur Finance for an undisclosed sum.
Utilising estimates about Scope 3 emissions could result in portfolios that are biased towards low-revenue companies, research by Osmosis Investment Management suggests.
UK investors sold down UK-focused equity funds in January, causing the third largest outflows for 20 months despite strong market performance.
Institutional investors still favour private market allocations despite the tough economic environment, with some of them expecting discounts on assets, a State Street survey shows.
Lombard Odier Investment Management (LOIM) has become the latest asset manager to downgrade its Sustainable Fund Disclosure Regulation (SFDR) labels.
|  |
