After unexpectedly high outflows in October and November, European investors pulled further away from long-term mutual funds in December as the market environment and general sentiment remained negative. As a consequence, December was the eighth month in a row posting net outflows from long-term mutual funds after 16 consecutive months showing net inflows. Real estate funds (+€0.5 bn) was the only asset type in the segment of long-term mutual funds with net inflows for December, while all the other asset types witnessed net outflows: bond funds (-€25.9 bn), equity funds (-€18.7 bn), alternative UCITS funds (-€12.2 bn), mixed-asset funds (-€8.7

The year 2017 was a record year for the European fund industry, with inflows into mutual funds reaching a new all-time high, in conjunction with a generally positive market environment driving the assets under management to a new all-time high. Chart 1: Assets Under Management in the European Fund Management Industry Source: Lipper With this tailwind the European fund industry should be in a good position to maintain its growth in 2018, if the general environment for the securities markets stays positive. That said, the year 2018 started with a bumpy ride for a number of European asset managers that

Key Highlights & Observations Fund Market Overall Assets under management in the global collective investment funds market grew US$239.4 billion (+0.6%) for June and stood at US$42.96 trillion at the end of the month. Estimated net inflows accounted for US$26.1 billion, while US$213.3 billion was added because of the positively performing markets. On a year-to-date basis assets increased US$3.85 trillion (+9.8%). Included in the overall year-to-date asset-change figure were US$692.1 billion of estimated net inflows. Compared to a year ago, assets increased a considerable US$4.95 trillion (+13.0%). Included in the overall one-year asset change figure were US$1.26 trillion of estimated

Fund Market Overall Assets under management in the global collective investment funds market grew US$392.3 billion (+1.0%) for March and stood at US$39.23 trillion at the end of the month. Estimated net inflows accounted for US$126.9 billion, while US$265.4 billion was added because of the positively performing markets. On a year-to-date basis assets increased US$2,049.8 billion (+5.5%). Included in the overall year-to-date asset change figure were US$417.2 billion of estimated net inflows. Compared to a year ago, assets increased a considerable US$3,640.8 billion (+10.2%). Included in the overall one-year asset change figure were US$1,022.0 billion of estimated net inflows. The

The first in a series of global fund valuation briefings led by Thomson Reuters and Voltaire Advisors, the Luxembourg breakfast seminar saw industry experts discuss the key issues surrounding valuation for public and private investment funds. The discussion included assessments of core regulatory regimes, such as AIFMD and Dodd-Frank, and a review of the evolving demands they are placing on fund managers from a reporting / compliance perspective.   If you missed this event, you are most welcome to join the next seminar, taking place in Dublin on 11 May.

Detlef Glow, Lipper's head of EMEA research reviews the fund flows in Europe during December 2015.