Recent articles by: Barbara Wall
  • June 2019Opinions & Features

    Group Profile: Vontobel

    Whether by accident or design Vontobel Asset Management has maintained a fairly low profile since it was spun off from Bank Vontobel AG in December 2014. Although still owned by the Swiss private bank,which also runs wealth management and investment banking divisions, Vontobel AM operates independently. While the money manager has strong brand recognition in its domestic market, it has …
  • June 2019Opinions & Features

    Under the radar

    While the top-20 sales chart can often provide a useful monthly snapshot of successful launches, asset class expertise or one-off corporate actions, casting the net wider affords us a broader picture of shifting competitor dynamics and more nuanced sector flows. Outside of April's leader board a number of groups had plenty to celebrate.When one asset class or strategy dominates flow …
  • June 2019Market Focus

    Blink and you miss it

    A strong flow picture for long-term mutual funds in April provided welcome relief for international managers following a dip into the red in March. But in truth there wasn't a huge amount going on beneath the surface, with the same trends firmly in place. Bonds were on fire, active remained in deep storage and multi asset failed to ignite. …
  • May 2019Market Focus

    Fickle fortunes

    Speculation that an updraft in securities markets earlier in the quarter would lend support to cross-border fund flows in March was disabused as investors retreated into money market funds and pulled further away from the equity asset class. While active equity funds were the principal detractors passives also felt some pain. Even a solid month for bond inflows failed to …
  • May 2019Opinions & Features

    One step forward…

    No surprises at the top of the master-group net flows leaderboard this month with a reinvigorated PIMCO continuing its winning streak, inching up from fourth position in February to top slot with net sales of €3.6bn, a full €1bn ahead of February's take. Nestling in the wings is big hitter BlackRock with inflows of €2.5bn, a smidgeon below last month's …
  • April 2019Opinions & Features

    Institutions flex their muscles

    UK pension pool LF Access topped February's net sales leader board more than doubling the haul of runner-up BlackRock, which drew in €2.8bn, a shortfall on January's total of €4bn. While there were many familiar names in the list, equally notable was the absence of regulars such as Natixis, Marsh Mclennan and UBS, Many groups were heavily reliant on ETF …
  • April 2019Market Focus

    Groundhog Day

    It was a merry-go-round of misery for active managers in February as redemptions topped a dizzying €7bn. Equity and mixed assets providers were the principal detractors, losing more than €9bn between them. In contrast, ETF managers kept their feet firmly planted on terra firma, ending the month more than €13bn in the black, bringing February's long-term mutual fund haul to …
  • March 2019Opinions & Features

    Group Profile: Robeco

    Robeco has emerged relatively unscathed from a year that saw many larger active managers rupture assets and tumble down the sales leader board. This was in large part due to the strength and breadth of its product suite and marketing efforts, which helped lift the group’s brand into last year’s European top-10 leader board from 22nd position in 2012.