Last updated: 14:26 / Sunday, 28 December 2014
According to Lipper

Germany Leads European Mutual Fund Inflows

Imagen
Germany Leads European Mutual Fund Inflows
  • The single market with the highest net inflows for October was Germany
  • Mixed-asset products—with estimated net inflows of €7.7bn—were the best selling asset class overall for October
  • BlackRock, with net sales of €4bn, was the best selling group of long-term funds

The European funds industry enjoyed net inflows of only €0.4bn into long-term mutual funds for October 2014, according to Lipper Thomson Reuters.

Single fund market flows for long-term funds showed a mixed but positive picture for October; 22 of the 33 markets covered in Lipper's report showed net inflows. The single market with the highest net inflows for October was Germany (+€2.4bn), followed by Italy (+ €1.9bn) and Belgium (+€0.8bn). Meanwhile, the international fund hubs Luxembourg and Ireland (-€5.8bn), France (-€1.5bn), and Denmark (-€0.5bn) stood on the other side.

Mixed-asset products—with estimated net inflows of €7.7bn—were the best selling asset class overall for October.

BlackRock, with net sales of €4bn, was the best selling group of long-term funds for October, ahead of Vanguard (+€2.2bn) and Pioneer (+€1.6bn).

Provisional figures for Luxembourg- and Ireland-domiciled funds suggest equity funds, with estimated net inflows of around €17.6bn, will be the best selling products for November.

menu
menu