29/05/2012

By Adam Cadle

Short-term and long-term European funds enjoyed positive net flows in Q2 2012, despite the economic market continuing to experience high levels of volatility, Morningstar Direct’s Europe Asset Flows Update has revealed.

New figures, compiled from 1,100 fund companies across 29 domiciles, show that inflows into money market funds have reached €14bn, while €4.3bn was sent into long-term mutual funds in April.

Fixed income proved to be the most popular asset class with bond funds attracting almost €6bn in net inflows during the month of April. The most popular Morningstar fixed income categories in April were the USD high yield, GBP corporate bond, global bond and global emerging markets bond.

Equity funds on the other hand experienced outflows of €1bn and alternatives, commodities and convertibles also witnessed outflows.

Home     More News


Other stories you may find of interest:

European long-term funds investment reaches all-time high
Investment in European long-term funds reached an all-time high last month at €4.44 trillion, Morningstar’s latest European asset flows data found

Inflation worrying European pension funds
European pension funds are more concerned about inflation than they were last year, and many are taking steps to protect their assets, according to a survey by consultancy firm Mercer

No sign yet of the great rotation while demand for yield continues, says Morningstar
The hunt for yield by European fund investors continues with record inflows into long-term open ended funds in the first quarter, according to Morningstar’s latest European asset flow data