According to estimations from Spanish asset management association Inverco, funds of foreign asset managers managed €189bn from local investors as of end September 2019.
Goldman Sachs says the gap between equity fund outflows and bond fund inflows is at an 11-year high.
The German assets under administration and custody increased by 9%, amounting to €2.27trn, according to BVI, German Investment Funds Association.
The asset class achieved its largest inflows since February 2018, according to Bank of America Merrill Lynch’s weekly study.
The hedge fund industry experienced a seventh consecutive month of net outflows and the 12th in the last 13 months, suggests eVestment data.
The Spanish regulator has released the first results of its study on the costs of local investment funds in a response to that published earlier this year by Esma across funds in Europe.
ETFs and ETPs globally recorded net subscriptions of $77.17bn in September, according to research and consultancy firm ETFGI.
French giant BNP Paribas and Allfunds will work together to create cutting-edge fund and wealthtech platforms to reinforce distribution services.