Asset Management

Europe’s small funds shine after virus sparked worst investor exodus on record

Liontrust and Flossbach von Storch are among smaller firms that have pulled in sales during a brutal 2020 for asset managers

Europe’s small funds shine after virus sparked worst investor exodus on record
Photo: Getty Images

A cohort of small fund groups overseeing just a fraction of the assets managed by their larger rivals have joined the ranks of the best-selling firms.

Asset managers have endured a brutal few months since the onset of the global Covid-19 pandemic, with outflows in March the worst on record for UK and European funds with investors pulling billions from products. 

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