Iberian fund selectors cool on passive funds
Iberian fund selectors’ appetite for index-tracking products took a sharp dip in the first quarter as volatility shook the markets.
Iberian fund selectors’ appetite for index-tracking products took a sharp dip in the first quarter as volatility shook the markets.
German asset manager launches new index-tracking funds as passives price war intensifies.
Fidelity International has stepped up the passives price war with the launch of six low cost Irish-domiciled equity index funds and the reduction of pricing on three existing UK-domiciled index funds.
Active bonds suffered €7bn in outflows along with active commodities and convertibles, hitting Europe’s asset management industry for the month of February.
From fees to tracking error to “two-way flows”, fund buyers and unsuspecting investors can be caught off guard by some of the inside language used by the ETF industry, warns 7IM senior investment manager Peter Sleep.
European investors in a number of iShares ETFs remain exposed to guns as Blackrock responds to the recent school shooting tragedy in Florida in its US range through the launch of firearm-free products.
BlackRock has launched a new ETF to help investors diversify their global equity allocation.
Not all FTSE All-Share trackers are priced equally and the costliest passive exposure comes from the Virgin UK Tracker with a whopping 1% charge. Click through the gallery below for the five cheapest funds on offer and help investors get more for less.
Lyxor Asset Management is launching the cheapest ETF in Europe this week, bringing prices in the UK and the Continent in line with US products.
As cumulative flows into emerging market passive funds surpass active alternatives investors should seek opportunities further down the market-cap scale, Aviva Investors head of emerging markets and Asia Pacific Will Ballard argues.
European ETF sales rose €1.1bn in February as an Amundi large and mid cap-focused index-tracking fund snared 12.8% of overall net inflows, according to Lipper data.
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.