FundFlash November 2015

Sales

jerome-couteur
  • NOVEMBER IN BRIEF: A weak month for European asset managers; as investors searched for safe-haven options long-term funds failed to breach €500m of net inflows. This meager sales result was only possible because of a €3bn contribution from ETFs, without which November sales would have slumped back into the red. There were, though, plenty of buyers; hints of a US rate hike in December had selectors scrabbling to rebalance their portfolios. Increased exposure to equities was the route for some, but for others mixed asset funds were the go-to product. Bonds, of course became the sacrificial lamb. Meanwhile a small mountain of business pumped up money market funds. The €33bn of inflows formed this arena’s best month since the height of the financial crisis. In these periods of market volatility BlackRock products seem to have become the default choice for investors. Once again, this year’s sales leader reigned supreme with an even mix of sales into ETFs and active funds. Standard Life’s global GARS fund was the month’s bestselling product (excluding ETFs, liquidity and dedicated institutional funds), bringing in just under €1bn of net new money. Hopes of a solid final quarter, following October’s sales rebound, were dashed in November and now look unlikely to recover by the year-end. Against a backdrop of relatively flat markets, investor sentiment was buffeted by strong hints of interest rate rises in the US and increased monetary easing in Europe. This brought buyers into the market wanting to build more equity exposure into their portfolios but to do this, they reduced their fixed income holdings. The net result was a €14bn exit from bond funds and a €15bn inflow into equity and mixed asset funds. In the context of the current market dynamics mixed asset funds are included here because, for many European investors, they represent a diluted and ‘safer’ exposure to the equity markets. And, it was the mixed asset sectors that made the most gains, improving on last month’s position but still a shadow of the volumes generated in the first six months of the year. Equities, meanwhile, failed to live up to last month’s promise. Volumes fell back by nearly a third and the sector was led by alternative funds offering returns that generally aim to smooth out the market turns. Arguably more interesting was the tidal wave of money that moved into safe-haven money market funds. This is an asset class that has been more or less dormant for the last six years, struggling from impoverished yields and the regulatory threat of extinction, at least for the institutional vehicles offering a constant NAV. Now they are back to form and it was institutional money that was fuelling their success in November. Is this a case of the smart money moving out before a period of correction? Bond bear growls again Fixed income funds finally seem to have run out of steam but it was not all bad news for bond managers. The more adventurous investors continued to chase returns in the high yield sectors and belief that the European economy is beginning to turn around encouraged many to increase their bets on investment grade products. What next? December now looks likely to be a lacklustre month with bed and breakfast activity further dampening the end-year results. More importantly, the latest data seems to set the scene for a turbulent year in 2016 © 2016 Broadridge FundFile, Powered by Lipper Data. Published January 2016. Institutions play safe whilst others hang onto hope of returns
  • January 2016, Data at November 2015 Map of Estimated Net Sales in Nov 15 (€m) Map of Asset Growth in Nov 15 (€m) Note: European Data Map excludes international activity Top 5 Markets by Asset Nov 15 (€bn) Fund Market Assets Mth Grwth International 3,441.3 68.4 United Kingdom 1,119.6 25.3 Germany 555.3 8.1 Switzerland 412.7 7.8 Italy 411.8 5.1 Rest 1,290.7 18.2 Total 7,231.3 132.8 Top 5 Markets by ENS in Nov 15 (€m) Fund Market Est Net Sales International 2,689.6 Italy 1,103.9 Germany 1,047.0 Belgium 650.5 France 486.5 Rest -5,539.9 Total 437.5 Month-on-month Comparison ENS (€m) Note: charts and rankings on this page exclude funds of funds and money market funds. ENS=Estimated net sales. TNA=Total net assets. http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1
  • Launches: Top Sectors by Assets in Nov 15 Launches: Assets by domicile in Nov 15 Top Selling Sectors Latest 12 Months (€m) Asset Alloc 57,561.1 Asset Alloc Alt 48,848.7 Eq Europe 33,161.2 FF Cons 32,402.8 Mix Cons 28,535.3 Mix Income 27,001.1 FF Bal 23,850.5 Eq Alt 23,703.7 Mix Bal 22,587.6 FF Asset Alloc 20,304.2 Top Selling Sectors in Nov 15 (€m) Eq Alt 2,576.7 Asset Alloc Alt 2,562.0 Eq Europe 2,369.6 Asset Alloc 1,844.4 Eq Eur S/Mid 1,820.9 Bnd Eur CIG 1,718.5 Mix Cons 1,692.0 Mix Income 1,589.6 Bnd Europ Curr Corp HY 1,212.2 FF Bal 915.8 Bottom Selling Sectors Latest 12 months Eq Nth Am -16,931.6 Guarant'd -14,211.8 Derivatives -13,038.3 Eq China -12,186.5 Bnd Em Mkt Loc Cur -11,803.4 Eq Em Mkt -11,538.2 Targ Mat Euroland -11,475.1 Eq Pac ex Jpn -9,876.6 Eq Global -9,862.0 Bnd USD Corp HY -9,407.4 Bottom Selling Sectors in Nov 15 Bnd Flex -2,679.9 Eq Nth Am -2,386.2 Bnd Gl Curr -2,252.5 Bnd Em Mkt -2,068.2 Bnd Eur -1,507.3 Bnd Eur Sh-T -1,408.9 Bnd NOK -1,152.8 Targ Mat Euroland -1,152.5 Bnd USD -1,100.1 Bnd GBP CIG -1,068.3
  • Top Master Groups by Sales in Nov 15 (€m) Groups Nat Assets Net Sales BlackRock US 482,068.8 2,786.6 Allianz GI DE 114,894.1 1,978.4 KBC BE 65,268.5 1,511.3 Cr Suisse CH 128,932.3 1,283.2 Nordea SE 119,875.9 1,270.6 Top Master Groups by Assets Growth (€m) Groups Nat Assets Assets Growth LY BlackRock US 482,068.8 90,687.6 UBS CH 213,939.4 36,771.2 Deutsche AM DE 232,409.4 28,437.3 Invesco US 127,523.1 22,994.2 Intesa SP IT 145,036.7 22,828.0 Top 10 Selling Funds in Nov 15 (€m) Fund Name Domicile ENS PUB Equities Emerging Markets Switzerland 1,121.4 Standard Life Investments Global - Global Absolute Return Strategies Fund Luxembourg 966.3 CS Index Fund (Lux) Government Bonds EUR Luxembourg 702.1 JPMorgan Investment Funds - Global Income Luxembourg 602.9 iShares Euro High Yield Corporate Bond UCITS ETF Ireland 571.6 Allianz Global Investors Fund - Allianz Income and Growth Luxembourg 563.9 Pioneer Structured Solution Fund - Progetto Cedola 11/2020 Luxembourg 455.8 PIMCO GIS Global Investment Grade Credit Ireland 449.8 Henderson Multi Asset Credit United Kingdom 405.9 Nordea 1 - Stable Return Fund Luxembourg 401.7 Top 5 Selling Funds Latest Quarter (€m) Fund Name Type ENS Standard Life Investments Global - Global Absolute Return Strategies Fund Mixed Assets 1,524.8 JPMorgan Investment Funds - Global Income Mixed Assets 1,284.5 PUB Equities Emerging Markets Equity 1,121.4 PIMCO GIS Income Fund Bond 1,020.0 CF Woodford Equity Income Equity 940.7
Please download to view
4
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Description
Text
  • NOVEMBER IN BRIEF: A weak month for European asset managers; as investors searched for safe-haven options long-term funds failed to breach €500m of net inflows. This meager sales result was only possible because of a €3bn contribution from ETFs, without which November sales would have slumped back into the red. There were, though, plenty of buyers; hints of a US rate hike in December had selectors scrabbling to rebalance their portfolios. Increased exposure to equities was the route for some, but for others mixed asset funds were the go-to product. Bonds, of course became the sacrificial lamb. Meanwhile a small mountain of business pumped up money market funds. The €33bn of inflows formed this arena’s best month since the height of the financial crisis. In these periods of market volatility BlackRock products seem to have become the default choice for investors. Once again, this year’s sales leader reigned supreme with an even mix of sales into ETFs and active funds. Standard Life’s global GARS fund was the month’s bestselling product (excluding ETFs, liquidity and dedicated institutional funds), bringing in just under €1bn of net new money. Hopes of a solid final quarter, following October’s sales rebound, were dashed in November and now look unlikely to recover by the year-end. Against a backdrop of relatively flat markets, investor sentiment was buffeted by strong hints of interest rate rises in the US and increased monetary easing in Europe. This brought buyers into the market wanting to build more equity exposure into their portfolios but to do this, they reduced their fixed income holdings. The net result was a €14bn exit from bond funds and a €15bn inflow into equity and mixed asset funds. In the context of the current market dynamics mixed asset funds are included here because, for many European investors, they represent a diluted and ‘safer’ exposure to the equity markets. And, it was the mixed asset sectors that made the most gains, improving on last month’s position but still a shadow of the volumes generated in the first six months of the year. Equities, meanwhile, failed to live up to last month’s promise. Volumes fell back by nearly a third and the sector was led by alternative funds offering returns that generally aim to smooth out the market turns. Arguably more interesting was the tidal wave of money that moved into safe-haven money market funds. This is an asset class that has been more or less dormant for the last six years, struggling from impoverished yields and the regulatory threat of extinction, at least for the institutional vehicles offering a constant NAV. Now they are back to form and it was institutional money that was fuelling their success in November. Is this a case of the smart money moving out before a period of correction? Bond bear growls again Fixed income funds finally seem to have run out of steam but it was not all bad news for bond managers. The more adventurous investors continued to chase returns in the high yield sectors and belief that the European economy is beginning to turn around encouraged many to increase their bets on investment grade products. What next? December now looks likely to be a lacklustre month with bed and breakfast activity further dampening the end-year results. More importantly, the latest data seems to set the scene for a turbulent year in 2016 © 2016 Broadridge FundFile, Powered by Lipper Data. Published January 2016. Institutions play safe whilst others hang onto hope of returns
  • January 2016, Data at November 2015 Map of Estimated Net Sales in Nov 15 (€m) Map of Asset Growth in Nov 15 (€m) Note: European Data Map excludes international activity Top 5 Markets by Asset Nov 15 (€bn) Fund Market Assets Mth Grwth International 3,441.3 68.4 United Kingdom 1,119.6 25.3 Germany 555.3 8.1 Switzerland 412.7 7.8 Italy 411.8 5.1 Rest 1,290.7 18.2 Total 7,231.3 132.8 Top 5 Markets by ENS in Nov 15 (€m) Fund Market Est Net Sales International 2,689.6 Italy 1,103.9 Germany 1,047.0 Belgium 650.5 France 486.5 Rest -5,539.9 Total 437.5 Month-on-month Comparison ENS (€m) Note: charts and rankings on this page exclude funds of funds and money market funds. ENS=Estimated net sales. TNA=Total net assets. http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1 http://www.lipperfmi.com/ReportGenerator/Server/ChartServer.aspx?ID=0F1FA344-4741-48A7-8415-9D639359DF15&DBServer=GBFFMISQL001&DatabaseName=FFMIData&ReportID=11702&Valpoint=30/11/2015&Currency=&Parameter=&Title=Map+of+Estimated+Net Sales in+Nov+15+(%E2%82%ACm)+&Expandable=True&Expanded=True&Css=FundFlash&Height=280&Width=300&FormatForPrinting=False&ShowToolTip=False&ShowImageMap=False&ImageMapHref=&ImageMapTarget=&ShowEditButton=False&ShowZoomButton=False?AcrobatWebCapTID1
  • Launches: Top Sectors by Assets in Nov 15 Launches: Assets by domicile in Nov 15 Top Selling Sectors Latest 12 Months (€m) Asset Alloc 57,561.1 Asset Alloc Alt 48,848.7 Eq Europe 33,161.2 FF Cons 32,402.8 Mix Cons 28,535.3 Mix Income 27,001.1 FF Bal 23,850.5 Eq Alt 23,703.7 Mix Bal 22,587.6 FF Asset Alloc 20,304.2 Top Selling Sectors in Nov 15 (€m) Eq Alt 2,576.7 Asset Alloc Alt 2,562.0 Eq Europe 2,369.6 Asset Alloc 1,844.4 Eq Eur S/Mid 1,820.9 Bnd Eur CIG 1,718.5 Mix Cons 1,692.0 Mix Income 1,589.6 Bnd Europ Curr Corp HY 1,212.2 FF Bal 915.8 Bottom Selling Sectors Latest 12 months Eq Nth Am -16,931.6 Guarant'd -14,211.8 Derivatives -13,038.3 Eq China -12,186.5 Bnd Em Mkt Loc Cur -11,803.4 Eq Em Mkt -11,538.2 Targ Mat Euroland -11,475.1 Eq Pac ex Jpn -9,876.6 Eq Global -9,862.0 Bnd USD Corp HY -9,407.4 Bottom Selling Sectors in Nov 15 Bnd Flex -2,679.9 Eq Nth Am -2,386.2 Bnd Gl Curr -2,252.5 Bnd Em Mkt -2,068.2 Bnd Eur -1,507.3 Bnd Eur Sh-T -1,408.9 Bnd NOK -1,152.8 Targ Mat Euroland -1,152.5 Bnd USD -1,100.1 Bnd GBP CIG -1,068.3
  • Top Master Groups by Sales in Nov 15 (€m) Groups Nat Assets Net Sales BlackRock US 482,068.8 2,786.6 Allianz GI DE 114,894.1 1,978.4 KBC BE 65,268.5 1,511.3 Cr Suisse CH 128,932.3 1,283.2 Nordea SE 119,875.9 1,270.6 Top Master Groups by Assets Growth (€m) Groups Nat Assets Assets Growth LY BlackRock US 482,068.8 90,687.6 UBS CH 213,939.4 36,771.2 Deutsche AM DE 232,409.4 28,437.3 Invesco US 127,523.1 22,994.2 Intesa SP IT 145,036.7 22,828.0 Top 10 Selling Funds in Nov 15 (€m) Fund Name Domicile ENS PUB Equities Emerging Markets Switzerland 1,121.4 Standard Life Investments Global - Global Absolute Return Strategies Fund Luxembourg 966.3 CS Index Fund (Lux) Government Bonds EUR Luxembourg 702.1 JPMorgan Investment Funds - Global Income Luxembourg 602.9 iShares Euro High Yield Corporate Bond UCITS ETF Ireland 571.6 Allianz Global Investors Fund - Allianz Income and Growth Luxembourg 563.9 Pioneer Structured Solution Fund - Progetto Cedola 11/2020 Luxembourg 455.8 PIMCO GIS Global Investment Grade Credit Ireland 449.8 Henderson Multi Asset Credit United Kingdom 405.9 Nordea 1 - Stable Return Fund Luxembourg 401.7 Top 5 Selling Funds Latest Quarter (€m) Fund Name Type ENS Standard Life Investments Global - Global Absolute Return Strategies Fund Mixed Assets 1,524.8 JPMorgan Investment Funds - Global Income Mixed Assets 1,284.5 PUB Equities Emerging Markets Equity 1,121.4 PIMCO GIS Income Fund Bond 1,020.0 CF Woodford Equity Income Equity 940.7
Comments
Top