Latest data from the European Fund and Asset Management Association (EFAMA) shows how investors fled the turmoil of the financial markets for safer havens - notably turning to money market funds.
The European Fund and Asset Management Association (EFAMA) has identified pensions as a priority area for the industry going forward and supports a harmonised European pension plan.
A breakdown of total expense ratios (TER) reveals that UCITS fund managers retain on average 42% of fees and charges, while most of the remaining 58% is paid to distributors and on administration charges.
Latest figures showing investor behaviour in UCITS and non-UCITS released from the European Fund and Asset Management Association (EFAMA) show how investors refused to sell their equity fund investments despite market scares and woes.
Irish funds recorded the highest level of net inflows in Europe in the first half of the year, reports the European Fund and Asset Management Association (EFAMA).
The latest figures from the European Fund and Asset Management Association (EFAMA)record net outflows of EUR30bn from money market funds, but increased interest in balanced and bond funds.
Figures from the European Fund and Asset Management Association (EFAMA) confirm the current slump in demand for equity and bond funds.
The latest UCITS sales figures from May 2011 are showing signs of a flight to quality as the sovereign debt crisis bites, but future reports may be more revealing on how investor reactions.
A roundup of the latest new appointments and moves on the international circuit.