The South African fund industry enjoyed estimated net inflows of $9 bn over the course of 2019. These inflows were way above the flows for 2018 ($3 bn) and occurred in a positive market environment with an increased volatility driven by discussions about a possible trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a very strong rebound over the course of 2019, one would expect to see net inflows

The celebration of the Refinitiv Lipper Fund Awards in Vienna was held on March 9 in the prestigious Park Hyatt Hotel, located in the historic former headquarters of the Bank Austria. The awards ceremony in Austria was the second event in the German-speaking markets (Austria, Germany, and Switzerland) and was visited by around 70 participants from the Austrian and international fund industries. Johann (Hansi) Leikert, Sales Director CEE/CIS at Refinitiv, and Mario Franzin, Editor in Chief at 4profit Verlag GmbH, welcomed the guests, while Dr. Anatol Eschelmüller, Project Manager at 4profit Verlag, moderated the evening. Detlef Glow, Head of Lipper

The South African fund industry enjoyed estimated net inflows of $10.0 bn over the course of the first nine months of 2019. These inflows occurred in a volatile but positive market environment driven by discussions about a trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a rebound over the course of 2019 so far, one would expect to see net inflows into mutual funds. Assets Under Management in the

The South African fund industry enjoyed estimated net inflows of $4.8 bn in H1 2019. These inflows occurred in a volatile but positive market environment driven by discussions about a possible trade war between the U.S. and China, a possible return of the euro crisis caused by developments in Italy and France, and a general economic slowdown with decreasing earnings at the company level. Nevertheless, since the equity markets showed a rebound over the course of H1 2019, one would expect to see net inflows into mutual funds. Assets Under Management in the South African Fund Industry The assets under

European investors pulled further away from long-term mutual funds as the market environment and general sentiment remained negative. As a consequence October was the sixth month in a row posting net outflows from long-term mutual funds after 16 consecutive months showing net inflows. Real estate funds (+€0.3 bn) and commodity funds (+€0.2 bn) enjoyed net inflows, while all the other asset types in the segment of long-term mutual funds witnessed net outflows: bond funds (-€40.7 bn), equity funds (-€31.2 bn), alternative UCITS funds (-€11.4 bn), and mixed asset funds (-€9.1 bn), as well as ”other” funds (-€0.9 bn). These fund