UK Equity Funds Off the Menu in February

MONEY FLOW: Morningstar asset flows data reveal fixed income continues to trump equity, while UK equity funds are the most unloved of all categories

Ali Masarwah 26 March, 2013 | 6:28PM
Facebook Twitter LinkedIn

European investors put a net EUR 35.09 billion into long-term open-end funds in February. This is down from the record-breaking inflows of EUR 47.1 billion seen in January, but nevertheless a solid inflow. By the end of February, EUR 4.44 trillion were invested in European long-term funds, the highest level recorded since Morningstar started publishing industry-level flow data in 2007.  

Bond Funds Continue to Outpace Equity Offerings

As Morningstar asset-flow data on European funds (excluding money market funds, feeders, funds of funds and ETFs) indicate, inflows into bond funds remained strong in February and have outpaced equity fund flows yet again. Fixed-income funds gathered EUR 11.46 billion versus EUR 9.24 billion enjoyed by equity funds. Allocation funds also topped equity funds in February, gathering EUR 9.91 billion.

The lion's share of flows targeting mixed-asset funds was sent into EUR cautious and EUR flexible funds. Alternative, convertible and property funds were also on solidly positive terrain, and of all broad categories only commodity fund flows were in the red on the back of redemptions out of precious metals funds.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

About Author

Ali Masarwah

Ali Masarwah  is the editor of Morningstar.de in Germany.

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement