Has the Trump trade been trumped?
Investors have been hiking their allocations to risky assets since Donald Trump was elected US president exactly a year ago. But has Trump had any role in driving these flows?
Morningstar
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European equity sales bounce back
Investors resumed their European equity buying binge in September, after a brief pause in August, as net fund flows into the asset class recovered to levels seen earlier in the summer. Japanese equities are also in demand.
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Mifid II will expose complacent funds
Mifid II will be good for investors because it requires asset managers to ensure their funds remain fit for purpose, says Morningstar.
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Is there a tech bubble?
Valuations of some technology stocks have sky-rocketed in recent, sparking comparisons with the tech bubble at the turn of the millennium. Is this time different?
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European equity fund flows collapse
Investors have paused their aggressive buying of European equities. Net inflows recorded the steepest monthly drop since January 2016, falling to just €533m in August according to Morningstar data. Can the strong euro be blamed?
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Are smart beta funds worth it?
Morningstar’s Alex Bryan casts doubt on the cost-effectiveness and usefulness of smart beta funds.
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Investors hedge US equity positions
European investors have been responding to this year’s dollar weakness by hedging their investments in US equities, according to Morningstar data.
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Morningstar: Time to end fixed fund fees
The time has come to offer investors a fairer deal and drop fixed fees for performance-based charging, Morningstar’s head of global manager research Jeffrey Ptak has said.
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Which asset classes have seen the biggest inflows?
One-stop shop funds that take away responsibility for asset allocation have continued to be the blockbuster sellers with European investors. But which other asset classes have actually seen the strongest inflows over the past three years? The answer may surprise you.
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EM mania spreads to frontier markets
Frontier market equities saw the largest net inflows for a very long time in June, suggesting the interest in developing economies’ stock markets is broadening.
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Global asset allocation strategies are ‘no silver bullet’
While it’s no secret that passive, low-cost products are relentlessly increasing their market share, investors’ hunt for yield has also buoyed sentiment towards flexible and unconstrained mandates, according to Morningstar.
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Money keeps flowing into bond funds
Bond funds domiciled in Europe saw net inflows of €29bn in June, the second-highest monthly tally ever, according to Morningstar data. Total inflows for bond funds rose to €52.2bn in the first six months of the year, a new high for semi-annual net inflows into the asset class.