ECB keeps rates on hold
Central bank bank expects to keep rates on hold at record low levels until summer 2019 and reaffirmed plans to wind up bond-buying programme in December.
Central bank bank expects to keep rates on hold at record low levels until summer 2019 and reaffirmed plans to wind up bond-buying programme in December.
Total fund sales for the first half of year across Europe was €59.8bn about six times lower than €362.4bn first-half sales in 2017. But ETF market share hits record high, according to Thomson Reuters Lipper data.
Fund distribution platform claims move will provide more transparent and cost-efficient way to access funds.
One of the challenges Europe has attracting international investment is the relative weakness of its tech sector compared to other parts of the world, according to UBS Asset Management.
Germany’s open-ended real estate funds attracted more than €6.7bn net inflows last year and investment activities rose to €9.2bn – an increase of almost 50% compared with 2016, according to Scope research.
Index-traded Ucits fund will invest in 30 blue-chip companies on DAX index and has total ongoing charges of 10 basis points.
Last Word – the company that owns Expert investor – has created a brand new website for professional investors interested in ESG and impact investing.
Most global asset managers with London operations have begun revising their distribution strategies to ensure continued access to the EU as Brexit looms. But where are they are going?
Polar Capital follows PineBridge and Hermes in establishing business development operations into the region.
Digital service SaxoSelect enables clients to invest in pre-selected portfolios.
The move is part of a growing trend of Asia-based asset managers offering funds in Europe.
Impact investing, as a dedicated niche of sustainable investing, is under threat by greenwashing from mainstream asset managers, specialists warn.