Run Fund Run! Launching Funds May be More of a Sprint than a Marathon
Simfund’s newly-minted dataset reveals that just 25% of European-domiciled funds achieved the magic $100 million-AUM figure by their first birthday. The first year is also shown as the most important year for attracting assets. After year one, the odds drop significantly.
When it rains it pours – Q3 2023 Financial Adviser Sales Highlights
There were 644 financial adviser firms with £1 million in net sales or more during this quarter.
Fewer Seeds (Funds) Being Planted as European Investment Flows Have Evaporated
The heady days of the pandemic, where equity returns shot for the moon and savings accounts swelled are over. The economic and household finance script has now flipped to a more pessimistic tone. Unsurprisingly, the pace of European-domiciled fund launches has slowed considerably in 2023.
The Active ETF Race is On. What Are the Odds of Winning?
While active managers have been right to focus on ETFs, most have seen disappointing results for their efforts. Historically, the odds of reaching sufficient scale to generate meaningful revenues have been slim.
Case Study: AAA – Recruiting the Right Agents
By engaging with Discovery Data’s MarketPro intelligence platform and email and call center MarketReach services…
Mutual Fund Sales to See Relief from Drought Conditions, but Expect the Climate to Remain Weak
Active mutual fund managers will continue to face ongoing market share losses over the next five years, albeit at a much slower pace. ISS MI forecasts active mutual fund market share falling another seven percentage points, finishing the five-year period with 42% share.
ISS MI Five-Year Growth Outlook for Funds: Assets to Rise by $12 trillion, Bond Funds to Regain Share
Managers who can adapt to the challenges of the next half decade will have a crack at a much larger pie: ISS MI’s 2024-2028 outlook pegs 2028 AUM at $37.4 trillion.
Windows into Defined Contribution, Q2 2023
The more fragmented nature of the advisor-sold market has helped mutual funds hold on as a default choice, as CIT providers must seek out a larger number of plans to account for the same level of assets.