The latest Fund Flow Index from Calastone shows that fund flows into active equity funds dropped 93 per cent over the month, as nine-tenths of January’s overall net equity inflow went into index funds.
Alternative UCITS funds had a very steady and solid 2019 overall, with the LuxHedge Global Alternative UCITS Index posted a gain of +4.2 per cent over the past year and more than 80 per cent of funds ending the year in positive territory.
Wealth management platform Dolfin’s model portfolio saw strong performance across the board in 2019 with seven out of nine portfolios outperforming their reference indices, notably the USD and EUR Balanced portfolios which achieved a return gross of fees of 15.0 and 13.8 per cent respectively.
Net sales of UCITS and AIFs totalled EUR 43 billion in October, up from EUR 25 billion in September, according to the latest monthly Investment Fund Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).
Total net assets of UCITS and AIFs increased by 3.8 per cent with EUR17.2 trillion in third quarter of the year, according to the latest Quarterly Statistical Release from The European Fund and Asset Management Association (EFAMA).
Octopus UK Multi Cap Income Fund tops the IA Equity Income ranking with 24 per cent return in its first year
The FP Octopus UK Multi Cap Income Fund, launched by Octopus Investments last December, has outperformed every other fund in the 86-strong IA UK Equity Income Sector in the year since launch, well above the 11.9 per cent sector average.
Equity funds enjoyed their strongest inflows of 2019 in November following months of pessimism, according to the latest Fund Flow Index from global funds network Calastone.
Irish Funds has announced total net assets stand at a record EUR2.925 trillion, according to latest data to end September from the Central Bank of Ireland (CBI).
Most UCITS fund prospectuses remain sub-optimal as tools, with even seasoned professionals often finding them difficult to understand, says a recent report by More Carrot, a company specialising in document optimisation and outsourcing for asset managers.