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Europe ex-UK equity funds with the largest inflows

The analysis is based on global fund flows experienced by open-end funds available for sale globally.

In this gallery, we look at the five funds in the Europe ex-UK equity sector with the largest net inflows in August.

The analysis is based on global fund flows experienced by open-end funds available for sale globally. All flow figures are in US dollars.

Source: Morningstar

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In this gallery, we look at the five funds in the Europe ex-UK equity sector with the largest net inflows in August.

The analysis is based on global fund flows experienced by open-end funds available for sale globally. All flow figures are in US dollars.

Source: Morningstar

Helmed by AAA-rated duo Alister Hibbert and Giles Rothbarth, the BlackRock European dynamic fund took in $100.6m in August. Hibbert has been managing the fund since March 2008 while Rothbarth joined as co-manager in February 2019.

The fund has been consistently outperforming the MSCI Europe Ex UK NR EUR index. Its annualized returns for one, three, and five years ending August are 28.2%, 10.4%, and 11.1% respectively. In contrast, the index’s annualized return stands at 18.4%, 7.3%, and 5.6% over one, three, and five years respectively over the same period. 

While the HSBC European index retail income fund lost favor with investors in in the second quarter of 2020, it made a comeback in July where investors pumped $100.8m into the fund. Net flows reached $141.2m in August, a 40.1% jump as compared to the inflows seen in July.

The iShares Europe ex-UK index fund recorded $154.8m of net inflows in August. This is the largest bout of net subscriptions since July 2019. The fund was incepted in February 2004. It currently has a fund size of $4.0bn as of end August.

Investors poured in $186.5m into BGF continental European flexible fund in August. While net inflows was 91.4% more than that of July, it was 55.8% of what it saw at its year-to-date peak in June when net subscriptions stood at $334.2m.

The fund is also managed by AAA-rated duo Alister Hibbert and Giles Rothbarth.

The Baillie Gifford European fund has been garnering a steady stream of net inflows. The fund extended its streak of positive flows to its 14th month running after drawing in $229.5m from investors this August. The fund has attracted a cumulative net flow of $993.1m year-to-date and its fund size stands at $2.3bn as of end August.

The fund is managed by Citywire AAA-rated trio Stephen PaiceMoritz Sitte, and Chris Davies. It aims to outperform the MSCI Europe ex UK Index, as stated in Sterling, by at least 1.5% per annum over rolling five-year periods.

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