The year 2018 was a bumpy ride for the global securities markets as investors faced fears about a global trade war, geopolitical uncertainties and corporate scandals, as well as increasing interest rates. The resulting sluggish performance of the securities markets is also reflected in the average returns of long-term mutual funds registered for sale in…
DetailsThe promoters of ETFs in Europe enjoyed net inflows for November. These inflows led, in combination with a positive performance of the underlying markets, to increased assets under management in the European ETF industry. In more detail, the assets under management in the European ETF industry increased from €657.1 bn as of October 30, 2018,…
DetailsWith net inflows of 35.5 billion euros and with not one month of net outflows over the course of 2018 so far (as of September 30), it seems the environment for ETF promoters in Europe is still positive. Meanwhile, their active counterparts face struggles from the uncertainty in the securities markets. Some market observers would…
DetailsUndertakings for Collective Investments in Transferable Securities (UCITS) is a well-known brand for mutual funds and ETFs, and investors all over the world appreciate the regulatory scheme. Investors from inside and outside the E.U. expect that all funds under the UCITS regulation are treated the same. But are all UCITS funds really treated equally? Obviously…
DetailsThe promoters of ETFs in Europe enjoyed net inflows for July. These inflows—in combination with a positive market environment—led to increasing assets under management in the European ETF industry. In more detail, the assets under management in the European ETF industry increased—from €662.0 bn (as of June 30, 2018) to €677.5 bn at the end…
DetailsThe announcement that the world’s largest fund management company—BlackRock—will require its fund managers to consider environmental, social, and governance (ESG) criteria in their investment decision-making process has been discussed widely in the trade press over the last few days. But what does this move mean for investors and specialized responsible/sustainable investment products as a whole?
Many conflicting stories float around about the actual origin of the concept of the passport. Britain and France come neck to neck in the invention of the concept. However, the word passport can be unequivocally credited to the French.
It is no secret that the European fund market is quite fragmented in some areas. But when it comes to the market concentration of fund domiciles, the picture changes from fragmented to rather concentrated. According to our European fund market report for Q1-2018, there were 34 fund domiciles in Europe, accounting for 10.54 trillion euros…
DetailsWhile observing the current active/passive fund debate, one could get the impression that investors must make the decision of investing either passively or actively in their portfolios. The talking points of each type of investment are often praised as a kind of dogma.
Looking at the headline figures, first quarter 2018 could be considered a business-as-usual quarter for the European fund industry, since the assets under management (+€10.5 tr) hit a new all-time high at the end of March. After a year of record inflows the European fund industry enjoyed further net inflows of €81.5 bn over the…
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