Articles tagged: Editor's view
  • June 2019Opinions & Features

    Editor’s View

    While April did see fund flows shift back into positive territory after March's slip into the red, it was only to the tune of a modest €5bn. Europe's funds industry as a whole seems determined not to be buoyed by widespread positive market sentiment and some good growth figures – although Larry Fink, CEO of BlackRock, did pick up on …
  • May 2019Opinions & Features

    Editor’s View

    If the first quarter of the year proves, as is often the case, to be an indicator of what the rest of the year has in store for us, we could be in for an interesting ride!
  • April 2019Opinions & Features

    Editor’s View

    Finally, the 'B' word... the seemingly endless Brexit debacle rolls painfully on and continues to dampen both the pace of fund demand and positive sentiment generally.
  • March 2019Opinions & Features

    Editor’s view

    Some investors were brave enough to stick their heads above the parapet in January, but most remained ensconced. A sharp rebound in stock markets encouraged as much profit-taking as new purchases in the equity sphere, but new demand for fixed income was apparent as signs of softening monetary policy emerged.
  • February 2019Opinions & Features

    Editor’s View

    If one thing is certain about 2018, it's that it won't go down in the history books as a vintage year for Europe's fund industry. It made a splash to begin with – January capped 2017's record sales with the best ever monthly net inflows – but by the summer redemptions had set in, and the final four months saw …
  • January 2019Opinions & Features

    Editor’s View

    A year has passed since Mifid 2 came into effect... more or less. The majority of key European fund markets have implemented the legislation (with Spain in the process of doing so) but its consequences are still becoming apparent and will reshape fund distribution for years to come.
  • December 2018Opinions & Features

    Editor’s view

    The bloated balloon of cash that hit funds in January was pricked in May and has been leaking ever since. This month the leak got worse and near-drained the balloon dry of its contents.
  • November 2018Opinions & Features

    Editor’s View

    A month of deeper outflows in September underscored 2018's tough conditions for net fund sales. October looks set to have given sentiment another shake, and we have revised down the full-year sales forecast accordingly. Nevertheless, rotational activity is very much alive and well (see European trends) – opportunities still abound for well-positioned asset managers.