View more on these topics

Lipper: European fund total continues to decline


The total number of funds registered for sale in Europe has fallen every quarter in more than two years, according to research by Lipper.

The Lipper Fund Market Insight Report shows a net decrease of 425 products in the second quarter of 2013, taking the total number of funds available to 31,877 and marking the ninth consecutive quarter of falls.

There was a total of 502 fund liquidations in Q2, up from 396 in Q1 but down from 522 in Q2 2012.

Fund mergers increased 74 per cent to 355, up from 204 during the same period in 2012, and up 4 per cent from 340 in Q1 2013.

The 355 mergers involved 109 equity funds, 96 bond funds, 68 mixed-asset funds, 28 “other” and 54 money market products.

A total of 432 new products were launched, down from 435 in Q1, and down 6 per cent from 458 in Q2 2012.

The Q2 launches were made up of 116 equities, 165 bonds, 111 mixed asset products, 34 “others” and 6 money market funds.

The 31,877-strong European fund universe is made up of 37 per cent equities, 25 per cent mixed asset products, 22 per cent bonds, 11 per cent “other” and 5 per cent money market funds.

Overview of new fund launches, mergers and closures of investment funds:


Source: Lipper


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm