ANALYSIS: The winners and losers in the multi-asset revolution
While commentators are quick to praise innovation within the funds space, is there a case to say that the industry is still edging towards conservatism and risk aversion?
While commentators are quick to praise innovation within the funds space, is there a case to say that the industry is still edging towards conservatism and risk aversion?
Outcome-based solutions – whether using building blocks or off-the-shelf – are the solution to the ‘ticking timebomb’ of longevity risk, a panel of fund groups leaders have agreed.
Just under half (48%) of all UK domiciled funds that were active on 30 September 2005 are now closed, according to Lipper, a Thomson Reuters company.
The 10 most popular funds in Europe drew net inflows last month of €31.2bn (£22.6bn) as Amundi is crowned lead group for net sales in August.
The number of new mixed-asset funds launched in 2014 and registered for sale in Europe exceeded the number of bond launches last year and accounted for 25% of the market, data from Lipper showed.
Sales of UCITS dropped sharply by 17bn (£13bn, $20bn) in November, despite a surge in the sale of European long term funds throughout the month.
European bond fund sales tumbled to a nine-month low in February at just 9.4bn, in line with a general trend, according to Lipper data.
Long-term funds attracted their highest monthly inflows in seven years in January, with both bond and equity sales contributing to the strength in numbers, according to Lipper data.
Sales of long-term funds in Europe are expected to have reached more than 200bn last year, figures from Lipper suggest.
The European mutual funds industry witnessed further consolidation in the third quarter as fund closures outnumbered new launches, data from Lipper shows.
The European mutual fund industry continues to consolidate, with 875 funds withdrawn from the market in Q2 and only 417 new products launched, according to the latest Lipper research report.
The first quarter of 2012 saw the lowest number of European fund launches in a first quarter for five years, according to data released today by Lipper.