Oh, what's this?!
'Just what it says, boss.'
Yeah, I suppose.
Never mind.
The assets under management in the European fund industry declined over the course of Q1 2022 from €15.3 tr at the end of December 2021 to €14.5 tr.
37.07% of the overall assets under management were held by ESG-related funds
The majority of ESG-related assets were held by mutual funds and ETFs which are aligned to article 8 (€3.8 tr).
Money market funds (-€113.6 bn) faced outflows, while long-term products enjoyed overall inflows of €25.0 bn over Q1 2022.
Mixed assets (+€32.1 bn) were the best-selling asset type for Q1 2022.
ESG-related mixed assets products (+€20.1 bn) were the best-selling product category.
ESG-related mutual funds and ETFs which are not classified by SFDR enjoyed the highest inflows (+€24.7 bn) for Q1 2022.
Mutual funds and ETFs classified as article 8 products were the best-selling products for mixed assets (+€12.9 bn) and alternative UCITS products (+€1.7 bn).
NOW(!) ... do we really want to hear what our Detlef has got to say about it? That's the question.
'It can't do any harm.'
Can't it, Voice? Really?
'We've got to let Detlef talk. We always let him talk. He's one of our favourite voices. Actually, he's our favourite voice, isn't he?'
Yeah.
'It would be a crime not to let him speak.'
All right.
Detlef? Make it good, son.
Detlef Glow, Head of EMEA Research at Refinitiv Lipper, comments: "It was not surprising that Q1 2022 was in general a negative quarter for the European fund industry given the geopolitical situation in Europe, the still ongoing The Thing, and the sluggish market environment. 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, while long-term products enjoyed overall inflows."
Oh, okay. Thank you, Detlef.
'That was all right.'
Yeah.
So, is this the ENDS???
Detlef has spoken. I've got NOTHING to add to it.
'Er ...'
ENDS
ENDS
ENDS
...
Anything else? Music?
I've changed my mind again. This is the demo -
'Mikey -'
Shut up, Voice.
This is the demo -
Mighty Soul
Shady, Dodgy, Shifty
Nothing
Stella
That's the best combination of songs I can think of.
I'm leaving The Future out of it BECAUSE ... it really needs a band to sound good.
The Future, And Rain Came Down, and Good Times will probably be on the second album - giving that album a chance of success before I've even written any other songs for it.
This is the BIG TEN -
Mighty Soul
Shady, Dodgy, Shifty
Life and Death
Nothing
This World Don't Mean a Thing
The Future
And Rain Came Down
Malibu
Stella
What's This Life We Live?
Or ... THE ELIXIR OF ROCK AND ROLL IMMORTALITY ... as some call it. 'Who?!' Me!
And here is my debut album (if I'm allowed to have it this way ...) -
This World Don't Mean a Thing
Lucky You
Mighty Soul
Shady, Dodgy, Shifty
Round The Bend
What's This Life We Live?
Stella
Malibu
I'm Right Inside
Nothing
Life and Death
You dig?
So ...
Laters, rockers!
Voice?
'Laters, rollers!'
Yeah, bye.
This is the ENDS, beautiful friends.
