While government bond yields and, in particular, gilt, bund and treasury yields have all been rising in recent weeks (German 10 year yields doubled last week) the last few days have seen sudden, sharp moves that have seen investors lose significant amounts of capital. As one investor put it to Portfolio Adviser on Thursday, if…
£963m (€1.3bn) flowed out of UK equity funds on a net level over the month, compared to an average of £238m in inflows across the previous 12 months, while Europe ex-UK funds topped the best-sellers list with £663m in inflows compared to an average of £11m per month for the previous 12. “The last time…
Inflows into alternative Ucits funds broke an all-time record for the second consecutive month in March. According to Morningstar’s European fund flows data, investors poured in €8.7bn over the month. Total net inflows in the first three months of the year now total € 19.8bn. Multistrategy funds remain the most popular category, with €3.3bn in…
Nearly all fund selectors in the country are active and sophisticated users of passives. The share of the portfolio reserved for passive strategies varies greatly, from 7% up to 70%, but is generally on the rise. None of the interviewees will decrease their allocation to index-trackers, and four in ten will increase it in the…
The ECBs QE announcement combined with accelerating economic growth in the eurozone has propelled European equity sentiment to a record high. At the same time, appetite for US equities among Europes fund buyers is at an all-time low.
February 2015 was the month of the Great Rotation: it was not the long-awaited shift from bonds to equities though, but rather the move from US equities to European equities.
Absolute return strategies are now more popular among European fund selectors than ever before. But Europe’s biggest fans are to be found in Monaco.
A six-month outflow streak in European equities came to a halt in the first month of the new year, according to Morningstar’s freshest fund flows data.
Global ETF assets will double until 2020, according to a study by PwC. But where growth is expected to come from varies greatly between the US and Europe.
For European fund buyers, it’s either European or emerging market equities, never both. Equity market returns only partially explain the phenomenon.
The final equity category we discuss in our series is European equities. The asset class has shown strong performance, but volatility has increased sharply in recent months.
Expert Investor Europe’s latest fund manager sentiment survey suggests asset managers are following the wind, at least for European equities.
