The growth was broadly based across various investment fund types except of funds with hedge and fixed income strategies. Passive investing has climbed steadily in 2017, especially among UCITS funds. The low volatility in the financial markets in 2017, but also in previous years have contributed to an overall decrease in risk ratings in KIID for the Funds. This applies in particular to UCITS funds, where development in 2017 is supported by net growth in assets in funds with lower risk classification in the first half of 2017. The rating is based on the volatility of the funds over the past five years.
Read the full report here: Market development in 2017 for investment funds