Collection 2021: European funds break all records

Posted Feb 1 2022 at 6:47 amUpdated Feb 1. 2022 at 7:02

The year 2022 opens a period of doubt for investment professionals. Fears linked to the rise in interest rates, the bursting of the tech bubble, a war in Ukraine… The volatility of the stock markets in recent weeks offers a striking contrast to the wind of optimism that blew last year on the financial markets, driven by the anti-Covid vaccination and the hope of turning the page on the pandemic. The asset management industry has chained records, after a year 2020 already boosted by monetary and budgetary policies intended to stem the effects of the crisis.

The assets of collective management companies (excluding mandates and dedicated funds) jumped 19% over one year, reaching a new record of 12.390 billion euros at the end of December, shows Morningstar’s annual report of funds domiciled in Europe, managed actively and over the long term (excluding money market funds, feeder funds and funds of funds). That is a growth rate almost four times higher than that of the year 2020, marked by the “corona-crash”. In total, the sector has grown by 50% in just three years.

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