European equity flows catch up with US stocks
Net inflows into European equities were higher than those into US equities in January for the first time in a year, according to Morningstar fund flows data.
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Net inflows into European equities were higher than those into US equities in January for the first time in a year, according to Morningstar fund flows data.
Demand for hedge funds is said to be in decline with investors because of their high fees, opaque nature and poor recent performance. But figures released by the European Fund & Asset Management Association (Efama) suggest that’s not the case in Europe.
European small and midcap ETFs saw higher net inflows in February than their large cap equivalents, according to Blackrock data. Investors’ love for small caps coincides with an increasing appetite for cyclical assets.
Three Franklin Templeton bond funds suffered more than €800m of outflows in January, according to Morningstar data.
Investors are stepping up their allocation to high-yield bonds and emerging market debt. The pair were the two best-selling asset classes in January, according to Morningstar fund flows data.
Standard Life Investments (SLI) reported strong outflows from its GARS fund, the largest actively managed fund Ucits fund, on Friday. While the fund has failed to generate returns in recent years, some funds that have done even worse continue to generate big inflows, however.
Investors kept faith in US equities in January, despite the Trump rally losing steam, according to Morningstar ETF flows data.
Henderson Group has posted negative retail flows for 2016 as Brexit-related volatility continued to impact performance.
European investors have turned positive on emerging market debt again in January after two months of net outflows, reports Blackrock.
2016 was a year of radical changes: the most popular asset class of 2015 was the one sold off most heavily the next year.
Expert Investor has analysed which asset classes were most in demand with European investors in 2016. Many of your peers have been hesitant to make strong asset allocation decisions, but those calls that were made mostly proved right.
As European equity indices finally showed signs of life in December, investors again started to commit money to the asset class. European equity funds saw their first net inflows in 11 months according to Morningstar data.