Acolin Intelligence

ETFS ÜBER ALLES? So it seems (at first sight) … The European ETF industry finished 2024 with new record levels in flows and also European fund market share - with net inflows of EUR 247 billion and a market share of 16%. However, flow concentration remained very high. The picture looks even more dramatic when looking at respective AuM levels per provider. Also, the number of entire pull-outs and closures experienced a notable uptick. Remember, barriers to entry the European ETF market are low. Barriers to success, however, are very high. SO, ACTIVE ALL DOOMED? Well, not really. See: https://lnkd.in/d9es9nXA #etfs #funds #fundflows #funddistribution #assetmanagers #acolin

Our Philip Kalus has shared valuable insights in the latest edition of RankiaPro Magazine! In the article, he explores the evolving landscape of private markets and the opportunities they present for investors. As the holiday season continues, this article offers the perfect opportunity to wrap up the year with valuable insights and fresh inspiration! #RankiaPro #AcolinIntelligence

2024 is almost over. Let’s have a look at the best and worst-selling asset managers YTD until the end of November - also split into active versus passive flows. 11 asset managers experienced net sales > EUR 10 billion, 86 north of EUR 1 billion. On the other side of the spectrum, 42 groups suffered net redemptions > EUR 1 billion. Stay tuned for our client only European fund distribution landscape report 2024 / 2025 - to be released by the end of January 2025. #etfs #funds #fundflows #funddistribution #fundbuyers #assetmanagers

Ignites Europe (a Financial Times publication) was asking in an article from yesterday if the rebound of active fund flows is going to last. Answers were mixed, but … Philip Kalus, managing director at Acolin Intelligence, an asset management consultancy, said the trend was not a "one-off" but a "continuation", adding that he expected demand for active strategies to last. He said the trend began in the first quarter of 2024 when active outflows "slowed significantly" and "picked up pace" in the second quarter. "Most investors were largely on the sidelines in 2023 and started to get active again with more emphasis on potential alpha, less beta, and in sectors which haven't been much in favour in recent years.” It shall also be mentioned that in spite of headlines / overall numbers suggesting otherwise, there have been some solid, even impressive inflows into some active funds in 2023 and in early 2024 - even in active equity funds. Many thanks for the feature Chloe Leung #etfs #funds #fundflows #funddistribution #assetmanagers

New name, new set-up and more curious and ambitious than ever! 💪 Let’s talk!

20Y of accelerando 💪: Like in private life, surround yourself with great people whom you fully trust, but who are not afraid to disagree with you and to challenge you. My advisory board has been of enormous help on this 20Y journey. Sounding board, sparring partners, keeping me out of trouble. Unpaid by the way - true friendship! Many thanks 🤝 Detlef Glow Dr. Karsten Bräuker Paolo Sardi Rik Klomp Willard Velie Oliver Morath #friendship #leadership #advisory #accelerandovlc

H1 fund flows were remarkably strong - beating full year 2023 figures in a number of categories. However, it was not a free lunch for all. In fact, flows remained extremely concentrated amongst relatively few funds and asset managers. Talking European fund flows, concentration levels and contortions, active vs. passive, active ETFs, etc. in the September issue of the RankiaPro Europe Magazine. #etfs #funds #fundflows #fundbuyers #funddistribution #assetmanagers #accelerandovlc Many thanks for the feature Leticia Rial González Jose Luis Palmer García

"Sleep with one eye open, gripping your pillow tight …”?* In spite of strong overall European fund flows, most asset managers struggle to benefit from those. The numbers don’t lie. It is a fact. Even worse, the struggle is not only limited to generating sound net sales, it also applies - more than ever - to gaining tier one fund buyers' attention and face-time (which has become an art on its own). Trying to hold on to old distribution models, aiming for as many meetings as possible, throwing everything at everyone is not the answer. Just the opposite. European fund distribution has fundamentally changed. Many know it, few admit it and very few act accordingly. That is what separates those sleeping well and those who sleep with one eye open. Let’s talk! #funds #funddistribution #fundflows #fundbuyers #subadvisory #strategy #assetmanagers #accelerandovlc *from Enter Sandman, Metallica (of course)

On Monday, we have released our biannual European Fund Distribution Landscape Report featuring detailed H1 fund flow analysis - way beyond the obvious -, fund buyer trends (such as allocation calls, selection trends, preferences in engagement, H1 fund buyer job hops etc), the sub-advised fund landscape with all major mandate wins from H1 and much more. Check out the table of contents, table of exhibits and some sample slides below. Let’s talk! #etfs #funds #fundflows #fundbuyers #funddistribution #subadvisory #assetmanagers #accelerandovlc

H1 2024 fund flow analysis provides a truly fascinating picture. Although money market funds continued to rush from record to record in AuM - with many investors still being on the sidelines (on-going rate incentives) - H1 fund flows were remarkably strong - already beating full year 2023 numbers in a number of categories. However, H1 was not a free lunch for all. In fact, flows remained extremely concentrated amongst relatively few funds and asset managers.  Let's talk! #etfs #funds #fundflows #fundbuyers #funddistribution #assetmanagers #accelerandovlc