Most active funds are underperforming their benchmarks, finds LSEG
Only 35% of active funds beat their benchmark over the past 12 months, with ESG faring worse still, writes Tom Aylott
LSEG
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Bond funds pull in €29.7bn in January – LSEG
Bond products were the best-selling asset class in January, according to LSEG Lipper’s European Fund Flow report, writes Christian Mayes. The asset class pulled in a net €29.7bn in the month, while Money Market USD grouping was the best-selling Lipper Classification after receiving €11.2bn inflows. Providers of mutual funds pulled in €22.5bn, while passives saw net…