Investors in January withdrew a record-breaking $46bn from long-term equity mutual funds.
Danish investors are following the global passives trend but at a slower pace.
The Swedish investment fund association Fondbolagens förening estimates that local investment vehicles have boarded SEK 18bn (€1.7bn) in net inflows in January.
Assets under management of the Finnish fund industry totalled €127bn as of end January 2020, according to data from Finanssiala.
UK investors placed a record £18.1bn into tracker (index) funds in 2019.
The growth of the Irish fund industry, which is only 30 years old, has been phenomenal.
The €498bn Italian asset manager has unveiled the Generali Investments Sicav Euro Green & Sustainable Bond fund.
Assets under management were up 16.10% year-on-year.
FundSquare’s blockchain-driven fund distribution platform FundsDLT, currently in the live testing stage, could make the product distribution process easier. Asset News has the scoop on this platform.