Mar 21, 2013
European Fund Market Review (2013)
Lipper's annual review of the European funds industry provides over 45 pages packed with sales and assets data on activity in different markets, as well as a look at which groups and products have prospered over the year. The report includes unique data on cross-border activity, as well as commentary on various issues that impact the industry over the near term and long term.
Oct 18, 2011
India Fund Market Insight Report, September 2011 - Markets Resilient Amid Macro Headwinds and Negative Fund Flows
The Eurozone debtcrisis and weak US data continued to take center-stage in September, batteringglobal equities in the process; the MSCI World index shed 8.85% on the month. Indian markets provedmore resilient, with the S&P CNX Nifty finishing just 1.15% lower, while India-registeredunit trusts retreated 0.01% on average. Performance has been lacklusteramong risky asset class offerings; equity portfolios saw the sharpest losses(1.77%), while mixed asset funds were merely flat (+0.07%). Fixed income fundsbenefited from rising risk aversion globally and locally, and bond funds postedmodest gains – of 0.56% - on the month. As the US and EU falter anddoubts remain over the likelihood of a global recovery, investors would do wellto stay cautiously positive and to focus on high quality debt and/or blue chip equityallocations.
Sep 22, 2011
India Fund Market Insight Report, August 2011 - More Losses as Macro Woes Persist and Foreign Flows Stay Negative
The historic creditdowngrade of US sovereign debt and the Eurozone debt crisis took centerstage inAugust, ratting markets in the process; the MSCI World index shed 7.26% on themonth.The S&P CNX Niftyfinished 8.77% lower, while India-registered unit trusts retreated 1.30% onaverage.Performance has beenflat to negative almost across the board; the sharpest losses were among equityand mixed asset portfolios, which shed 7.76% and 1.72% respectively.Fixed income fundsbenefited from rising risk aversion globally and locally, and bond funds were theonly asset class to post decent gains – of 0.76% - on the month.As the US and EU falter anddoubts remain over the likelihood of a global recovery, investors would do wellto stay cautiously positive for any improvements in the market environment.
Jul 19, 2011
India Fund Market Insight Report, June 2011 - Cloudy Quarter Ends With A Silver Lining
Global equities retreatedfurther in June amid global macro headwinds; the MSCI World index shed 1.54% onthe month, although it stayed positive (+0.67%) over the quarter. The BSE Sensexfinished 1.83% higher, while India-registered unit trusts advanced 0.75% on average.While performance hasbeen positive across asset classes, the best performers lower-risk bond offerings(+0.87%) and diversified mixed asset portfolios (+0.85%).Money market fundswere the least profitable on the month (+0.39%), as the month’s market movementsoffered better value among riskier offerings.While the western world falters, news in Asia has been more positive, and the theme of moderate growth amid uncertainty should hold in the latter half of the year; investors would do well to stay cautiously positive for any improvements in the macroeconomic environment.
Jun 19, 2011
India Fund Market Insight Report, May 2011 - Markets Pull Back Amid Concerns Over Slowing Growth
Global equities retreated further in May amid global macro headwinds; the MSCI World index shed 2.45% on the month.The BSE Sensex finished 3.31% lower, while India-registered unit trusts lost 0.29% on average.The best-performing asset classes were low-risk offerings such as bond (+0.42%) and money market (+0.33%) funds.Equity funds were the least profitable on the month, shedding 2.30% as investors sought safe-haven asset classes.Amid moderating growth, persistent inflation and heightened volatility, we expect specific regional and sector allocations to continue to offer value and to outperform broader indices in the coming months.
May 23, 2011
India Fund Market Insight Report - April 2011
Indian equitiesretreated in April amid trying markets and a host of macro events. The BSE Sensexfinished 1.59% lower, while India-registered unit trusts gained 0.60% onaverage.Equity offerings werethe best performing asset class (+0.99%), as key sectors and small & midcapstocks outperformed broader indices.Money market fundswere the least profitable on the month, gaining just 0.31%, amid tighter liquidityand policy rate hike expectations.Amid strong growth,persistent inflation and heightened volatility, we expect specific regional andsector allocations to continue to offer value and to outperform broader indicesin the coming months.
Oct 19, 2010
Singapore Fund Market Summary September 2010 - Concerns Over Recession Make Way for a Record September
Global equities witnessed a sharp and broad-based rebound to make the month one of the strongest on record.Singapore markets finished 4.99% higher, while Singapore-registered unit trusts gained 5.37% on average.The best performing asset classes were equity (+7.34%) and commodity (+6.57%) offerings.Money market and protected funds were the least profitable, losing 0.02% and 0.44% respectively, as markets sought riskier asset classes.In the absence of any clear guidance from global macroeconomic signals, we continue to believe in selective allocations to high-quality assets based on underlying fundamentals.
Sep 19, 2010
Singapore Fund Market Summary August 2010 - Markets Correct on Weak Cues and 'Double Dip' Fears
Equity markets reversed course in August as the debate over a possible double dip in the US economy grew more heated amid weak housing, spending and employment data.Singapore markets finished 1.25% lower, while Singapore-registered unit trusts shed 2.08% on average.The best performing fund offering in August was protected funds (+1.29%).Equity offerings were the least profitable, losing 2.94% amid persistent weak economic data and a faltering global economic recovery.Our outlook for selective allocations to high-quality equity and debt assets remains upbeat amid positive economic cues in Asia and Europe, and robust corporate health.
Sep 18, 2010
ETFs-A Review of “Plain-Vanilla” Euro Stoxx 50 Products
Plain vanilla Euro Stoxx 50 ETFs play a dominat role in the European ETF market, as they are one of largest peer groups by assets under management. For this reason, Lipper analysed this segment of the European ETF market.The research study, “ETFs - A review of ‘Plain-Vanilla’ Euro Stoxx 50 Products” will give you an unique overview on the Euro Stoxx 50 ETFs, which are available to investors in Europe. This report provides you with a detailed overview on the investment objectives and replication strategies, as well as the:- Development of the assets under management (AUM) within the Euro Stoxx 50 segment,- Fees and expenses,- Relative performance,- Correlation,- Tracking errorof Euro Stoxx 50 ETFs available to European InvestorsIn this report, we also provide a detailed analysis of the trading activities of the Euro Stoxx 50 ETFs on the exchanges in Europe.
Aug 19, 2010
Singapore Fund Market Summary July 2010 - July Sees Let-up in Risk Aversion
Equities surged ahead in July across the board on the back of strong earnings data and positive cues from Europe.Singapore markets finished 5.37% higher, while Singapore-registered unit trusts rose 3.77% on average.The best performing asset class offerings in July were commodity (+6.65%) and equity (+4.81%) funds.Money market and guaranteed funds were the least profitable, losing 0.13% and 0.41% respectively, as markets sought riskier asset classes.We are of the view that strong earnings and corporate health, and growth drivers among emerging markets, would be a reliable counterweight against sluggish growth in the US, in the coming months.