Asset managers have abruptly changed their return expectations for US, and especially European equities.
Fund managers continue to favour developed over EM
International asset management companies continue to prefer developed stocks over emerging equity markets.
Developed equity mania cooling down
Money flows to developed equity funds are now at the lowest level since June 2013, according to the latest EIE fund flows data.
Fund selector fantasies all about European equity
European fund selectors who take part in this year’s EIE Fantasy Fund Picker Competition have a strong bias towards European equity funds.
Flows into European equities cool down
Flows into European equity funds are the lowest they have been for almost a year.
Developed markets equity sentiment on the wane
Fund selector appetite for European and US equities has recently decreased sharply, the latest EIE survey data show.
Fund managers attending EIE’s Pan-European Congress said that the solution to Europe’s economic and regulatory problems is more centralised control, despite the popularity of anti-European public opinion across the continent.
US equity fund flows keep track with Europe
Though fund selector sentiment towards the asset class has slipped, money still poured into US equity funds in the first two months of 2014.
Lost in translation
Mifid II is, even before implementation, already triggering plenty of unease amongst Europe’s asset management industry.
Fund manager faith in EU equities hits record high
Fund managers’ confidence in the performance of European equities is stronger than ever before.