It was not surprising that February 2022 was in general a negative month for the European fund industry given the geopolitical situation in Europe, the still ongoing COVID-19 pandemic, and the sluggish market environment. That said, the promoters of mutual funds (-€67.6 bn) faced outflows, while the promoters of ETFs (+€9.2 bn) enjoyed inflows. Within this market environment and given the economic uncertainties, one would expect that European investors sold long-term funds and bought money market products. Therefore, it is somewhat surprising that European investors sold money market products, which are normally considered safe-haven investments. As a result, the overall

Inflows into money market products boosted the fund flows for October 2021, while European investors were in general further in a risk-on mode over the course of the month. Given the general market environment it was no surprise that October 2021 was a positive month for the European fund industry since mutual fund (+€105.5 bn) and ETF (+€10.6 bn) promoters enjoyed inflows. The overall flow pattern in Europe showed that investors continued to be in risk-on mode in October even as the general flow pattern was driven by inflows into money market products. In more detail, investors bought further into

The celebration of the Lipper Fund Awards from Refinitiv in Vienna was held on March 11 in the prestigious Park Hyatt Hotel, which is located in the historic former headquarters of Bank Austria. The awards ceremony in Austria was the second event in the German-speaking markets (Austria, Germany, and Switzerland) and was visited by 110 participants from the Austrian and international fund industries. Johann (Hansi) Leikert, Refinitiv, Sales Director CEE/CIS at Refinitiv, and Sznezana Jovic, Managing Director at 4profit Verlag GmbH, welcomed the guests, while Detlef Glow, Head of Lipper EMEA Research at Refinitiv, was presenting the Lipper Fund Awards