Bringing you live news and features since 2006 


High net worths drive sales activity in Europe


Sales activity across Europe is still mainly driven by high net worth individuals and private banking investors, according to data from Lipper.

Emerging markets equity and fixed income products, with either a global or emerging market flavour, attract the bulk of net sales.

Lipper says the loss of banks as fund distributors across Europe may slow the pace of recovery but this will not adversely affect all cross-border players.

Ed Moisson head of UK and cross-border research at Lipper, says: “Retail investors remain largely insensitive to annual fee levels — so the soundness of a fund company undercutting the competition to grow business remains unproven.”

The report also says that any notion of a price war is still premature — although there are early signs of greater use of passive funds in packages/solutions.

Annual fees borne by retail investors will continue to rise, even if this is not as part of the fund itself, the report says.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by