Investors continue to funnel funds from Europe to EM
Emerging markets saw strong net inflows in August and September while outflows from European equity funds continue relentlessly.
Morningstar
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Investors pile into commodities
European investors have been seeking exposure to commodities at an unprecedented scale in the first eight months of the year. Active commodity funds, however, are losing out.
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Smart beta outgrows plain-vanilla ETPs
The same research house that slammed smart beta ETFs earlier this year for being too expensive compared to plain vanilla index trackers has now found that the former are gaining market share, while fees are being reduced.
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Record inflows for emerging market debt in July
The popularity of bond funds was reinforced by the Brexit vote. While all fixed income asset classes saw net inflows, investors especially flocked to emerging market debt in July, according to fund flows data from Morningstar.
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European equity funds in record sell-off
European equity funds experienced their largest ever monthly net outflows in July, beating the previous record set in January 2008, according to Morningstar fund flows data.
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Fund fees decrease across Europe – Morningstar
The average net expense ratios of European-domiciled funds have come down across the board since 2013, according to a study by Morningstar.
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Bearish investors resort to indiscriminate selling
If fund flows are a reliable sentiment gauge, investors were at their most bearish since the autumn of 2011 on the eve of the Brexit vote. And the referendum outcome has only exacerbated this trend.
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Investors wait for Brexit-storm to calm down
European investors are sitting on large cash piles, and are waiting for volatility to ease a bit before hunting for opportunities.
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Top-quartile European equity funds – what’s their secret?
The five European equity funds that managed to finish top-quartile for the past three consecutive years do not have a great deal in common. But there’s one feature they (almost) all share.
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High yield bond ETFs more safety valve than agent of instability – Morningstar
New research by Morningstar challenges assumptions about the threat ETFs pose to the stability of high yield markets, especially during times of crisis.
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Investors rush out of equities and into corporate bonds
European investors have been selling out of equities this year and have piled into credit instead. Net monthly inflows into corporate bond funds and ETFs reached an all-time record in April, according to Morningstar data.
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Forget about active share – It’s active fee you should focus on
A poll conducted by Expert Investor last year among more than 60 European fund selectors showed that active share is an important fund selection metric for more than 80% of them. However, very few fund houses regularly update investors about the active share of their funds. Should they be more open?