May 01, 2012 | SRRI European OverviewThe first analysis of Synthetic Risk and Reward Indicators (SRRIs) across the European funds industry. Lipper’s report looks at the proportion of European funds in the different risk bandings overall and by sector, as well as a closer look at funds in the UK. |
Mar 18, 2012 | "Beating the Benchmark"Research examining how successful actively managed mutual funds in Europe have been in out-performing indices over the past twenty years. |
Feb 27, 2012 | European Fund Market ReviewLipper's annual review of the European funds industry provides over 30 pages packed with sales and assets data on activity in different markets, as well as a look at which groups and products prospered in 2011. The report includes unique data on cross-border activity, as well as an introduction that discusses not only current themes but also trends in the industry over the past decade. |
Jan 31, 2012 | EMEA Research Insights - 2012To coincide with the start of this year's series of Lipper Fund Awards events, this report offers a compilation of articles written by Lipper's EMEA Research team, originally commissioned by Reuters News. The articles range from the Arab Spring to Abba, ETFs to equine investing, and from SRI to the KIID. |
Oct 09, 2011 | "Time May Change Me"This unique report explores the extent to which mutual funds in the UK and Europe (cross-border) have changed their annual management fees over the past ten years, and the size of such changes. |
Jul 03, 2011 | New launches shed light on distribution in the fund industryEuropean mutual fund assets under management stood at €3.01 trillion at the end of 2001, rising 81% to €5.45 trn at the end of Q1 2011. Of this latest total, 43% (€2.36 trn) of assets are managed in funds that have been launched within the previous nine years and thus account for 97% of the industry growth. This report examines structural and distribution issues related to the level of sales for new product launches compared to sales of funds launched in previous years. |
May 30, 2011 | New Funds Report Q1 2011• Equity funds and mixed-asset funds, accounting for 38% and 23% of the total number of funds, were the predominant asset classes among the 31,493 mutual funds registered for sale in Europe at the end of first quarter 2011.• The number of newly launched funds decreased during first quarter 2011 compared to last quarter 2010 – to 500 new funds from 716 new funds.• During 2010 the number of newly-launched funds was below the average of launched funds for the period from 2006-2010; 2,872 new funds were launched compared to the average of 3,488 new funds. |
Mar 06, 2011 | The Pressure to PerformThis research into the UK funds industry explores the pressure on fund companies to perform. This also manifests itself as the pressure to justify fees as well as a further knock-on effect — the potential for an overly short-term outlook. The report coincides with Lipper Fund Awards 2011. |
Sep 28, 2010 | Lipper Research Studies - Ruling Out New Funds: Wrong Decision?• The majority of institutional investors exclude from their selection radar mutual funds that have not accumulated a track record of at least three years and that have not achieved a certain level of assets under management.• We test if the track record criteria make sense from a performance-and-risk point of view. We compare groups of newly launched funds and funds with track records of over three years. Also, we look at whether fund managers achieve better or worse results at the beginning of their fund’s lifetime.• We find no evidence that funds with long track records enjoy better performance or incur less risk than new funds. On the contrary our empirical data suggest that newly launched funds post higher average total returns and lower risk data.• We also find that fund managers enjoy slightly better performance during the first year of their tenures. |
Sep 22, 2010 | Bestinfond Unwrapped September 2010Bestinfond is a Spain-domiciled equity fund investing in European equities which has enjoyed outstanding performance over the last five years.We perform a detailed quantitative analysis encompassing performance, risk, style, expenses and holdings attribution. We find that: Bestinfond achieved outstanding absolute returns and performance adjusted for risk.Expense analysis showed a lower total expense ratio (TER) and relatively high portfolio turnover.The manager was very successful at stock selection but asset allocation in terms of countries or sectors added little value or on occasion had a negative contribution.The best active returns (outperformance) compared to the MSCI Europe Small Cap index were achieved in the Netherlands, Spain, and Portugal. On the other hand, stock picking in the U.K. was poor.The holdings profile of the fund showed a strong decreasing allocation trend to Spain and a rising one to the equity markets of countries such as Italy, Portugal, and Switzerland. The fund lived up to its value style focus. |
