May 2013

AnalyticsPerforce, I must begin with a confession. I do not understand what active exchange-traded funds (ETFs) are – and I never have.

CastleConforming to the stereotype of German efficiency, one law is likely to become the new legal framework for all fund structures. Stefanie Eschenbacher reports on regulary battles in Europe’s largest economy.

Marathon runnersThe German fund market has rebounded – but the drivers are institutions. Meanwhile, millions of retail investors are staying away, finds Stefanie Eschenbacher.

SatelliteShould Europeans choose an American firm for their US equity exposure? It depends if that manager has staying power and can ensure good communications with head office. George Mitton reports.

Wind farmHas the era of austerity harmed socially aware investments, or given it a new lease of life? Fiona Rintoul seeks answers.

PullieExchange-traded products that use leverage are a way of coping with flat markets. But Nick Fitzpatrick finds compounding risk means more attention needs to be paid to performance.

HourglassLaunching a sharia-compliant fund can require a time-consuming search for religious experts to certify the fund's Islamic credentials. An alternative is to employ an Islamic advisory firm. George Mitton reports.

Safety netNicholas Pratt considers pension fund outsourcing of broader back and middle-office operations to custodians, while Marks & Spencer’s pension scheme talks about its approach to asset servicing.

Legal easeWhile 2012 saw just eight new fund launches on the London Stock Exchange, listed investment companies outperformed the FTSE All Share index and more than £3 billion (€3.5 billion) of new capital was raised.

LionFixed income funds were dominant in 2012, while equities suffered net outflows and money market funds lost their appeal. The global fund distribution team at Ernst & Young Luxembourg present the numbers.

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Sponsored Profiles

SPONSORED FEATURE: Smarter than beta

Jun 14, 2017

‘Smart beta’ investing is rapidly becoming a popular alternative to both conventional passive management and traditional active management.

SPONSORED FEATURE: Smart beta: Unlocking key drivers of return

Jun 14, 2017

Manuela Sperandeo, iShares Head of Specialist Sales EMEA, tells Funds Europe how investors can leverage smart beta strategies to target numerous outcomes.

SPONSORED FEATURE: Minimum variance indices: Rewriting the rules

Jun 14, 2017

The FTSE Russell indices tracked by lyxor lead to fewer specific risks, fewer valuation and crowding issues and more consistent performance.

SPONSORED FEATURE: The reflationary environment

Jun 06, 2017

Funds Europe talks to Andreas Wosol about the implications of a return to reflation and why the value part of the European equity market could support investors in such an environment.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables & Panels

TRENDING: Smart beta indices continue onward march

Jun 14, 2017

We asked five investment experts how smart beta indices have performed against cap-weighted indices over the past year and what the investment outlook suggests about the prospect for different investment factors.

SMART MONEY: Following the smart money

Jun 14, 2017

We asked six investment professionals about the emphasis they are placing on smart beta and active ETFs and how platforms are adopting these products.