European investors 'risk on' as global equity funds remain best sellers in January

Refinitiv monthly European fund flow report

Global equity funds remained the best-selling investment vehicles during January 2020, according to the latest European fund flows report from the Lipper team at Refinitiv, with BlackRock taking the top spot as the best-selling fund promoter for the month with inflows of €16.6bn.

Overall, European-domiciled funds saw net inflows of €106.5bn in January, with almost 10% of this (€9.8bn) coming from Lipper's Equity Global sector. The Bond Global USD and Equity Emerging Markets Global sectors came in second and third place, with respective inflows of €5bn and €2.7bn. At the opposite end of the spectrum, Equity Eurozone suffered the highest net outflows at €2.8bn, followed by Equity Asia Pacific ex Japan at €2.3bn and Equity US at €2.1bn. Brewin funds hit £45bn despite drop in discretionary flows Detlef Glow, Lipper head of EMEA research at Refinitiv, said: "...