Has Q1 2019 been a better start for active funds?

clock • 3 min read

In 2018, the Pan-European mutual fund industry suffered its first annual outflow in six years, haemorrhaging some €129.2bn. Performance-wise, the story was similarly dire - the Lipper Global Equity US classification returned -6.3%, Lipper Global Equity Europe ex-UK returned -13.0%, and Lipper Global Equity UK returned -11.0% (all in GBP). Exhibit 1. Pan-European fund flows (in €bn) Source: Lipper from Refinitiv. Active fund managers in aggregate did not cover themselves in glory in 2018, with only a small percentage of funds within major Lipper classifications beating the best-per...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login