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How many funds opened and closed down over the past 12 months?
A volatile year for financial markets has seen the launch of 1,477 new UCITS and ETF vehicles available to UK investors, representing £970bn in AUM, outpacing the number of closures seen over 2020.
A volatile year for financial markets has seen the launch of 1,477 new UCITS and ETF vehicles available to UK investors, representing £970bn in AUM, outpacing the number of closures seen over 2020. Investment Week analysis of Morningstar data shows a total of 1,014 liquidations or mergers of funds available in the UK market over 2020, representing £438.9bn in AUM, across 1,006 UCITS vehicles and eight ETFs. What's on your January shopping list? AJ Bell's eight fund and trust picks for 2021 There have been 838 vehicles liquidated and 149 merged overall, 489 of which were equ...
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