Since the year-end is the typical point in time at which investors review the performance of their portfolios, we want to shed a light on the Lipper global bond, equity, and mixed-assets classifications with the best and worst average performance. In addition, this report also showcases the performance of the best- and worst-performing funds/ETFs for each asset type and the average performance of the most relevant Lipper global classifications from a euro investor point of view for each asset type.   Methodology In order to calculate the average performance of the funds and ETFs within the Lipper global classifications (LGCs)

It was not surprising that April 2022 was in general a negative month for the European fund industry given the geopolitical situation in Europe, the still ongoing COVID-19 pandemic, disrupted delivery chains, and the sluggish market environment. That said, the promoters of mutual funds (-€20.5 bn) faced outflows, while the promoters of ETFs (+€14.2 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 are still reluctant to buy money market products on a larger scale,

December 31 is commonly used by investors around the globe to analyze the performance of their investments. This review shall guide investors IN the evaluation of their funds by showing them how the average equity, bond, or mixed-assets fund has performed in its respective peer group (Lipper European Classification). The year 2021 was a difficult year for investors around the globe, as the returns of many peer groups and their respective funds have been driven by the development of the underlying currencies against the euro. Therefore, the performance of a number of Lipper European Classifications does only partly reflect the

After iShares, the largest ETF promoter in Europe, returned to using synthetic replication with the launch of a swap-based ETF on the S&P 500, I published my views on this move in the Monday Morning Memo called “A New Dawn for Synthetic ETFs in Europe”. I believe this move might be a game changer regarding the usage of synthetic replication in the European ETF landscape. A brief review of the historic trends around the usage of replication methods in the European ETF industry shows that synthetic index replication was widely used in the European ETF industry up until 2011. This