Folksam has selected Allfunds Bank group as its B2B investment fund platform provider.
European equity funds ended last week with $2.4bn in net outflows, a six-week high, according to Bank of America Merrill Lynch’s weekly survey.
Asset News has caught up with André Schnurrenberger, managing director Europe at Cerulli Associates, on the evolution of asset management market research.
Unigestion will team up with Allianz group’s private banking arm to promote its multi asset offering in the Italian market.
Ucits recorded net inflows of €86bn in July compared to €7bn in June – recording an all-time high in 18 months.
Since the start of 2019, net redemptions in the Spanish fund market reached €257m.
Net assets of Luxembourg-domiciled funds at the end of August 2019 totalled €4.5trn, recording a 0.4% rise from July (€4.4trn).
Spanish asset manager March AM will give back 10% of the fund management fees to projects involved in the preservation of sea resources as well as in sea recovery.
Investors were in "risk-off" mode during the week to 25 September, as they have been almost constantly in recent months.
The European ETF battle has heated up with the latest entry of Goldman Sachs Asset Management (GSAM), which launched its European ETF offering on the London Stock Exchange on 26 September.
