This year was challenging for many strategies, with the Brexit vote and US presidential elections bringing a lot of uncertainty for investors.
2016 was most problematic for European equities, which experienced CHF22.4 billion of outflows. The second worse in terms of the amount of assets lost was Japanese equities, with CHF12.8 billion of outflows.
Mixed assets - absolute return, on the contrary, saw CHF11.2 billion of inflows, while the second-best performer was Alternative Ucits - multi strategy, which attracted CHF10.3 billion, demonstrating the appetite for all things alternative in an environment of negative interest rates and volatile equities.
Over the coming slides we take a look at the five funds that experienced the biggest outflows this year, with the fund that tops the list losing CHF7.8 billion.