Which Factors Drive Fund Flows in Europe?

Within the European fund industry calculation of fund flows is quite common, since market observers, fund associations, and even fund promoters publish and comment on these numbers to showcase the success of the fund industry and/or single products and to comment on current trends. But for fund promoters it is often a riddle as to…

How to Properly Classify Mixed-Asset Funds

Even though the topic of proper classification of mixed-asset funds doesn’t sound like a point of particular interest, it has raised issues for fund promoters, fund selectors, and investors alike. It gathered a lot of interest during the ”Petersberger Treffen,” a conference organized by the German consultant Drescher&Cie in Cologne on December 7, 2017.

Equity Funds: European Darlings for October 2017

European Fund-Flow Trends, October 2017 – October was the tenth consecutive month showing a positive picture for long-term mutual funds. European fund promoters enjoyed net inflows into equity funds (+€17.8 bn), followed by bond funds (+€15.3 bn), mixed-asset funds (+€9.5 bn), and alternative UCITS funds (+€2.7 bn) as well as real estate funds (+€0.2 bn). Meanwhile,…

Will ESG investing become the new normal?

Even though there is a lot of talk in Europe around sustainable investments, also known as using ESG (environmental/social/governance) criteria, it seems the majority of investors still do not invest in sustainable products. In this regard one needs to question why European investors are so reluctant to use sustainable investments.

Review of the European ETF Market, October 2017

The promoters of ETFs enjoyed net inflows for October. The assets under management in the European ETF industry (€621.9 bn) increased for October, up from €600.9 bn at the end of September. The increase of €20.9 bn for October was mainly driven by the performance of the underlying markets (+€14.4 bn), while net sales contributed…

Alternative Strategies and ETFs

ETFs have written a success story in Europe over the past 15 years, and the market does not yet seem to be oversaturated. Instead, the opposite seems to be true: the European ETF industry has witnessed a number of new players in the market, despite there being high competition in general in the European ETF…

Review of the European ETF Market, September 2017

The promoters of ETFs enjoyed net inflows for September. The assets under management in the European ETF industry (€598.7 bn) increased for September, up from €581.6 bn at the end of August. The increase of €17.1 bn for September was mainly driven by the performance of the underlying markets (+€10.5 bn), while net sales contributed…

The Concept of Trust in Modern Estate Planning

The concept of trust is a difficult one. Most private clients, especially those coming from civil law jurisdictions, struggle with it and are often not totally comfortable with the idea of “putting their assets into a trust”. They have many questions: Are their assets safe? what kind of control do they retain? how can they…