Defying predictions, 2019 turned out to be the best investment year for the Danish fund industry since 2009.
Luxembourg-domiciled funds posted €4.67trn as at the end of November 2019, a 2.01% month-on-month increase from October's collection of €4.57trn.
Spurred by the Conservative Party’s landslide victory, UK investors poured capital into equities in December 2019 – much more than any other period over the last two years.
The equity markets achieved outstanding returns last year, but capital flowed more into fixed income and money market funds.
Europe will soon get its first medical cannabis-themed ETF, launched by Canadian asset manager Purpose Investments and ETF platform HANetf.
Reseach provider ETFGI said ETF inflows have more than doubled between 2018 and 2019.
Spanish investment funds have also set record yield for a year, all asset classes together.
Long-term Ucits equity funds almost doubled their net inflows to €7bn in October from €4bn in September, aided by optimistic macro outlook.