Investors return to active equity funds
In a remarkable turn of events, actively managed equity funds suddenly saw substantial inflows in May, after months of steady outflows. At the same time, investors left index trackers in droves.
Record outflows for investment funds in March
A record of €246 billion flowed out of investment funds last month, surpassing redemptions seen even during the darkest months of the great financial crisis. Commodity funds were the only ones to weather the negative trend, thanks to high demand for gold.