Asset Management Industry Losing Its Shine In EuropeVW Staff
Despite the strong start to 2013, equity flows into the European asset management industry soon began to fade and have been negative for the past four weeks. Although flows into fixed income products were more resilient, they too have seen significant net outflows over the last two weeks. The value of many financial assets – especially those in emerging markets – has also declined recently, potentially implying negative asset returns for some fund managers in 2Q13.
Goldman Sachs Group Inc (NYSE:GS) said in a recent report that they are moving more neutral exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible