European Monthly Insight April 2022 Highlights:
/The European asset management industry contracted by -€240.3 billion, or -1.9% as of April 2022, to €12.5 trillion in assets, while recording €60.6 billion in net outflows.
Bond mandates continued with its fourth consecutive month of net outflows of -€16.1 billion. Equity mandates saw their third consecutive month of net outflows of -€2.9 billion. Mixed asset remained positive, bringing in €5.4 billion while alternative mandates remained negative with -€0.9 billion in net outflows.
Considering product structures, Active funds net sales were -€33.8 billion, the third consecutive month of outflows, while passive fund net sales were €5.8 million, up €206.0 million over the month, and ETF net creations were €13.4 billion, up €9.4 billion from the previous month.
The European Monthly Insight highlights the latest product and distribution trends in the European fund industry. This report combines ISS MI Simfund data with expert commentary from our global team to provide an essential summary of the European funds market.
