Emerging markets and bond funds top Europe sales

Other defining characteristics for last year include 80% of total net European sales coming from funds sold across borders; dominance of emerging markets; banks pushing ETFs more than active funds; and high sales by Franklin Templeton. Lipper expects the main theme for next year to be absolute return funds. Europeans' love of bonds is far from over. Last year, some 45% of net sales, or €126bn, went to fixed income products. Equities funds took €83.2bn. Europeans broadened fixed income exposure from euro bond funds, dominant before the crisis, to developing markets products. Five bo...