Fixed Income Active funds vs ETF flows      Flows   

Fixed Income Active funds vs ETF flows & performances: who is the winner in 2022 and so far in 2023? 

The year 2022 has been a difficult year for fixed income funds both in terms of flows and performances due to the central bank regime shift and interest rates hikes. Are fund performances improving at the start of 2023? Is there a trend reversal in flows since the end of 2022? Which of index or non-indexed funds are favoured by investors in this asset class?  

  Active funds vs ETFs: Did Eurozone equity      funds benefit from the market recovery     In March 2022?      Newsletter   

Newsletter – Wednesday, 6th April 2022

In March 2022, against a backdrop of a rebound in the equity market, Eurozone equity funds experienced massive outflows. Unlike the previous 2 months, these outflows affect both active and passive funds. However, since the beginning of the year, the outflows of passive funds remain half those of active funds: respectively -2.4 billion euros against -4.7 billion euros (Sources: BSD investing, Morningstar 31/3/22).