<\/p>\n
Long-term funds gained \u20ac24.5 billion in inflows in June, with equity funds capturing half, according Morningstar\u2019s data. In the first half of 2024, long-term funds experienced \u20ac146.8 billion in net inflows.<\/p>\n
Morningstar\u2019s asset flow commentary for Europe, covering June and the first half of 2024, has shown that Europe-domiciled long-term funds saw \u20ac24.5 billion in net inflows in June 2024 and \u20ac146.8 billion in the first half of the year. Equity funds maintained their momentum, attracting \u20ac12.3 billion in net inflows for the month, although active equity strategies faced net outflows.<\/p>\n
Bond funds attracted \u20ac18.5 billion in net new subscriptions in June, marking the 19th month of positive flows out of the last 20. Both active and passive strategies saw significant net inflows, with fixed-income strategies having their third-best half-year on record in terms of flows after H1 2017 and H2 2019.<\/p>\n
Conversely, allocation and alternative funds continued to see outflows, with \u20ac5.6 billion and \u20ac108 million in net outflows for the month, respectively. Long-term funds classified as Article 8 saw \u20ac11.5 billion in net inflows in June, while Article 9 products experienced \u20ac2.8 billion in outflows. Assets in long-term funds domiciled in Europe grew to \u20ac11.904 trillion by the end of June, up from \u20ac11.666 trillion at the end of May.<\/p>\n
Global large-cap blend equity remained the top-selling Morningstar Category for the month, followed by US large-cap blend equity. However, UK large-cap equity funds saw the highest net outflows at the category level (\u20ac2.8 billion), followed by global large-cap growth equity funds with \u20ac2 billion in net redemptions.<\/p>\n
iShares led the asset-gathering rankings in June, while BlackRock, Credit Suisse and Handelsbanken were the month\u2019s biggest laggards.<\/p>\n
Valerio Baselli, senior international editor at Morningstar, said: \u201cJune was the second-best month for long-term European funds inflows in 2024 so far, with \u20ac24.5 billion pouring in, amounting to \u20ac146.8 billion in net inflows for H1 2024. This positive sentiment was likely driven by hopes of interest-rate cuts and positive macroeconomic data on growth.\u201d<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Long-term funds gained \u20ac24.5 billion in inflows in June, with equity funds capturing half, according Morningstar\u2019s data. In the first half of 2024, long-term funds experienced \u20ac146.8 billion in net inflows. Morningstar\u2019s asset flow commentary for Europe, covering June and the first half of 2024, has shown that Europe-domiciled long-term funds saw \u20ac24.5 billion in […]<\/p>\n","protected":false},"author":1,"featured_media":2158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Bond-Funds-1-1140x445.jpeg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Bond-Funds-1-463x348.jpeg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Bond-Funds-1-300x225.jpeg",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/07\/Bond-Funds-1.jpeg",1500,1125,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2157"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2157\/revisions"}],"predecessor-version":[{"id":2159,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2157\/revisions\/2159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2158"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}