All institutional investors in Europe negotiate the fees of the alternative investments they have with asset managers, according to research by asset management consultancy Cerulli.
Closed architecture gains ground again – Cerulli
Independent asset managers were the dominant players in Europe in the years following the financial crisis, capturing 90% of all inflows. However, this trend has reversed since 2014. In the past two years, asset managers owned by banks and insurance companies have recaptured market share, according to research by Cerulli, the asset management consultancy.
Strategic bond funds – is their golden age over?
Flexible bond funds were many an investor’s favourite answer to the challenging yield environment. By being able to switch between different bond categories, a fund manager would be better equipped to hunt for the scarce yield available, was the idea. But it has lost its shine, and investors have started to abandon unconstrained bond funds.
When on a fund hunt, what matters most?
Which criteria do fund analysts value most when they conduct an investment fund screening process? Research firm Cerulli asked the question to a sample of fund analysts based in the United States. The answer? They care most about the costs, and much less about track record.
ETFs to become core portfolio holdings in Asia
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
Asset managers struggle to explain investment philosophy
Asset management companies are starting to struggle explaining their investment philosophy to fund selectors according to a survey by research outfit Cerulli. It asked a selection of European asset managers what they find the biggest challenges in promoting their products to fund selectors.
Italian fund selectors brace yourselves
Though the Italian economy is still on stand-by, shrinking 0.1% in 2014, asset management in the country is booming. International asset managers are therefore planning a marketing offensive in the country, according to a survey conducted by Cerulli.
Five star rated fund attract almost all inflows
Mutual funds with the highest possible rating attract almost all inflows from investors, while lower-rated funds register large net outflows.
growth for asset management industry in Spain
Net inflows into mutual funds by Spanish and Italian investors spiked in the first eight months of 2014
Appetite for frontier market funds languishes
The number of launches of new frontier market funds has come down to a new low, with only one fund specialised in the asset class having been launched in the first half of this year.