Europe's mutual funds continue to bleed heavily
June 17, 2024--Investors have pulled €258bn from actively managed equity funds since the start of 2022 |
Investors have pulled €258bn from actively managed equity funds since the start of 2022, with a further €140bn withdrawn from multi-asset and alternative funds, Morningstar data shows. However, passive product providers have prospered from investor demand, with inflows to index and exchange traded equity funds totalling €256bn. |
ESMA publishes latest edition of its newsletter January 9, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, has today published its latest edition of the Spotlight on Markets Newsletter. |
Amundi to shut its original 'multi' smart beta ETF January 8, 2025--The fund made returns of nearly 20% last year but has failed to retain sufficient assets to be 'economically efficient' |
ESMA launches selection of the Consolidated Tape Provider for bonds January 3, 2025-- The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for bonds. Entities interested to apply are encouraged to register and submit their requests to participate in the selection procedure by 7 February 2025. |
ECB-Monetary developments in the euro area: November 2024 January 2, 2025--Annual growth rate of broad monetary aggregate M3 increased to 3.8% in November 2024 from 3.4% in October
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