EFAMA has today published its latest Monthly Statistical Release for January 2024.

Thomas Tilley, Senior Economist at EFAMA, commented on the January 2024 figures: “January 2024 saw a continuation of the same trends as in 2023 - strong net inflows into fixed-income funds and ETFs. In comparison, multi-asset and equity funds saw much more subdued, or even negative, demand.”

We show the following main developments in January 2024 for the European investment fund market: 

• UCITS and AIFs recorded net inflows of EUR 66bn, down from EUR 96bn in December.

   

• UCITS attracted substantial net inflows of EUR 54bn, compared to EUR 39bn in December.

   

  • Long-term UCITS (UCITS excluding money market funds) saw net inflows of EUR 27bn, compared to EUR 7bn in December.
    • Equity funds registered net inflows of EUR 1bn, compared to EUR 3bn in December.
    • Bond funds experienced net inflows of EUR 32 bn, up from EUR 18 bn in December, marking the strongest inflows since May 2020.
    • Multi-asset funds sustained net outflows of EUR 7bn, a slight decrease from EUR 10bn in December.
  • UCITS money market funds experienced net inflows of EUR 27bn, compared to EUR 31bn in December.

  • UCITS ETFs recorded inflows of EUR 21bn, similar to EUR 23bn in December.

     

• AIFs recorded net inflows of EUR 12bn, compared to net inflows of EUR 58bn in December. 

   

• Total net assets of UCITS and AIFs increased by 1.1% to EUR 20,940bn.

   

-ENDS-

Notes to editors

About the Monthly EFAMA Investment Fund Industry Fact Sheet:

The Fact Sheet is published by EFAMA monthly and presents net sales and net assets data for UCITS and AIFs for 29 European countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, and United Kingdom.

For further information, please contact:

Hayley McEwen

Head of communication & membership development

Tel: +32 2 548 26 52

Email: Hayley.McEwen@efama.org