Investors have continued to funnel astronomic amounts into passive funds across the globe this year, with Vanguard leading the way. Meanwhile, Goldman Sachs AM (GSAM) has been suffering its worst streak of outflows on record.
US president Donald Trump’s decision to withdraw from the Paris Climate Agreement may result in securities issued by the US government becoming ineligible for ESG investors, experts say. But ESG fund managers are reluctant to disengage.
Investment manager Pimco has been fined nearly $20m (£15.9m, €18.9m) by the US Securities and Exchange Commission (SEC) for misleading investors about the performance of its actively managed Total Return ETF.
In this video interview, Walid Moukarzel, head of investment advisory at Banque Audi Suisse in Geneva, tells how he has been moving his conservative clients along the risk curve.
Fixed income funds suffered outflows of almost 9bn last month, as European equity strategies dominated
The European funds industry amassed net inflows of 3.5bn in August, with Italy, Spain and the UK taking the lion’s share of assets, according to Lipper
BlackRock, JP Morgan, Franklin Templeton and Pimco topped the European fund sales table in the first half of 2013, with combined net inflows of 50bn
Continental European asset managers risk losing market share to US and UK rivals, according to a report from The Boston Consulting Group
The outperformance of long-duration ‘safe haven’ government bonds is unlikely to continue. By Anthony McDonald, senior investment research analyst at Morningstar OBSR.
