ETF
Active equity fund flows spike in 2017 after negative 2016
European active equity funds saw a turnaround in net flows during 2017, enjoying a rise of €135.8bn in net new money to €62.7bn, after suffering an outflow of €73.1bn in 2016, according to Morningstar data.
ETFs drive record inflows at Blackrock
Blackrock has reported record high net inflows for 2017, with $367bn (£269bn, €301bn) for the full year and more than $103bn in the final quarter alone, driven in part by a strong performance by iShares.
Asset managers to ramp up ETF offering
Most asset managers will offer ETFs in the next five years, according to two-thirds of respondents to an EY survey.
Legal and General IM acquires ETF platform Canvas
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.
How are advisers using ETFs and index mutual funds?
This was the question posed by KPMG researchers for Blackrock who asked 130 UK financial advisers, wealth managers and private bankers responsible for £4.5 trillion of client assets.