5. BGF European Value
The BGF European Value A2 EUR fund was in the fifth place, with outflows of £285.89 million ($362.69 million) in the first quarter ending 31 March.
Run by Brian Hall, the strategy has returned -5% in euro terms over the past three years ending 31 May, data from Citywire Discovery showed.
Launched in January 1997, the $1.5 billion fund invests at least 70% of its total assets in the shares of companies domiciled in, or the main business of which is in, Europe. The portfolio focuses on undervalued firms, and its top three holdings were Sanofi, Total and Allianz at the end of April.