For immediate release - !!!
Or so they say. 'Did you add the exclamation marks, boss?' Yes, I did. So? 'Nothing. It's nice work.' Thank you, Voice.
Anyway ...
It's the March European fund flow industry report from the Refinitiv Lipper team. Obviously. What else would it be?
Anyway ...
Long-term mutual funds posted net inflows for March 2021.
The overall fund flows for mutual funds and ETFs in Europe in March amounted to estimated net inflows of €40.7 bn.
Equity funds (+€36.5 bn) were the best-selling individual asset type overall for March.
Equity Global (+€15.0 bn) was once again the best-selling sector among long-term funds for March.
The Man With The Child In His Eyes.
Luxembourg (+€33.9 bn) was the fund domicile with the highest estimated net inflows, followed by Ireland (+€8.3 bn) and Germany (+€3.5 bn).
JPMorgan (+€12.1 bn) was the best-selling fund promoter in Europe for March, ahead of BlackRock (+€8.5 bn), Vanguard Group (+€4.4 bn), and Morgan Stanley (+€3.4 bn).
Fair enough. / Detlef? I suppose you want to say something now ...
Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: "Despite the deteriorating situation with regard to The Thing in some parts of Europe, March 2021 was another positive month for the European fund industry since the promoters of mutual funds (+€24.1 bn) and ETFs (+€16.6 bn) enjoyed inflows. The overall flow pattern in Europe has further normalized, as investors in Europe continued to be in risk-on mode in March. In more detail, investors bought further into risky assets as long-term funds (€39.9 bn) and money market products (€0.8 bn) enjoyed estimated net inflows."
Okay. Thanks, Detlef. / Voice? Do you want to add something? 'To what?!' To what he just said. 'No.'
Fine.
ENDS
...
Anything else? Music?
I was rehearsing Mighty Soul and Life and Death this morning, yeah, singing gibberish. Both of those songs can be better than Nothing ... with the right lyrics. God knows when I'm going to try writing them, BUT(!) ... I want the three greatest songs ever, man! Oh, I'm close. Real close.
Listen! It is possible to be the greatest ever songwriter with only ten songs. You don't need hundreds.
Those three, plus the others. Plus that other ballad tune which needs a lyric. Then, uh ... two more songs? Yes, two more.
BIG TEN - !!!
You dig?
That's my vision.
Later(s), kook(s)!
