SummaryThe general economic outlook for the second half of 2022 and beyond is marked by geopolitical tensions in Europe and Asia, high inflation rates, increasing interest rates, and disrupted delivery chains.Rough market conditions are often linked to outflows from mutual funds and, therefore, it is not surprising that the European fund industry faced overall outflows for 2022 year to date.It is somewhat surprising that the number of funds available to investors in Europe increased over the first half of 2022 within the current market environment.By Detlef GlowThe general economic outlook for the second half of 2022 and beyond is marked by geopolitical tensions in Europe and Asia, high inflation rates, increasing interest rates, and disrupted delivery chains.Rough market conditions are often linked to outflows from mutual funds and, therefore, it is not surprising that the European fund industry faced overall outflows for 2022 year to date.If a fund promoter faces outflows, they often start to review their existing product ranges to close non-profitable funds or merge funds with similar investment objectives since this reduces costs and helps to keep profitability up.But fund promoters do not only close funds, they also launch funds that close gaps within their product range to offer their clients a one-stop-shop solution and to profit from new emerging trends.That said, it is somewhat surprising that the number of funds avai...