Monday 9 May 2022

Refinitiv Lipper: European fund flow report - Q1 2022

Anyway ...

For immediate release.

Oh, yeah, sure. Dream on!

'How old is this PR email?'

Don't worry about it.

Anyway ...

Long-term funds (+€25.0 bn) have posted net inflows for 2022 so far.
Money market products (-€113.6 bn) posted estimated net outflows for the year 2022 so far.
The overall fund flows for mutual funds and ETFs in Europe over the course of the year 2022 so far amounted to estimated net outflows of €88.6 bn.
ETFs enjoyed inflows of €38.3 bn over the course of 2022 so far.
Equity Global (+€28.4 bn) was the best-selling sector among long-term funds.
BlackRock (+€9.0 bn) was the best-selling fund promoter in Europe for the year so far, ahead of UBS (+€7.2 bn) and Vanguard (+€4.8 bn).
Switzerland (+€20.2 bn) was the fund domicile with the highest net inflows, followed by Germany (+€7.6 bn) and Spain (+€3.0 bn).

Fair enough.

The question is ... does our Detlef have anything to say about it? 'We've never known him to be quiet, boss. He talks too much, actually, about finance and that. He should get a life.' All right! Leave him alone, Voice.

Detlef?

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. In more detail, long-term funds enjoyed estimated net inflows of €25.0 bn, while money market products faced estimated net outflows of €113.6 bn."

Thank you, Detlef.

'It was nice to hear from him again, wasn't it?'

Yeah, of course it was.

ENDS

...

Anything else?

Maybe there is. Maybe there ain't. I don't know. What do you think, Voice? Is there anything else? 'It's hard to say. I mean, for some people, there is always something else. It's just the way they are. Other people ... well, there's nothing else. And, so ... what kind of person are you, boss?' Uh ... man, it depends on my mood. Most of the time, I just pretend that there's something else ... to keep the readers happy, you know? 'Yeah, they're never happy though.' What's the point then?!

There is nothing else.

We can pretend all we want. What good will it do us?

There is nothing else.

Deal with it!

...

Mighty Soul
Shady, Dodgy, Shifty
The Future
Stella

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?

This World Don't Mean a Thing
Nothing
Round The Bend
Malibu
Stella
Mighty Soul
Shady, Dodgy, Shifty
The Future
Love Me
Good Times
Life and Death