Brussels, 10th May2017- For immediate release
Long-term UCITS experienced highest inflows since May 2015
The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Funds Industry Fact Sheet, which provides net sales of UCITS and non-UCITS for February 2017. 28 associations representing more than 99 percent of total UCITS and AIF assets provided us with net sales data.
The main developments in February 2017 can be summarized as follows:
Net inflows into UCITS and AIF totaled EUR 69 billion, compared to EUR 92 billion in January.
UCITS registered net inflows of EUR 45 billion, down from EUR 71 billion in January.
oLong-term UCITS (UCITS excluding money market funds) recorded net sales of EUR 52 billion, up from EUR 40 billion in January.
- Equity funds recorded net sales of EUR 13 billion, compared to EUR 6 billion in January.
- Bond funds recorded net sales EUR 22 billion, compared to EUR 20 billion in January.
- Multi-asset funds recorded net sales of EUR 12 billion, compared to EUR 11 billion in January.o UCITS money market funds recorded net outflows of EUR 7 billion, down from EUR 31 billion in January.
AIF recorded net sales of EUR 25 billion, up from EUR 21 billion in January.
Total net assets of European investment funds increased to EUR 14,687 billion at end February, compared to EUR 14,344 in January and EUR 14,142 billion at end 2016.
Total net assets of European investment funds increased to EUR 14,687 billion at end February, compared to EUR 14,344 in January and EUR 14,142 billion at end 2016.
Bernard Delbecque, Senior director for Economics and Research at EFAMA commented: Long-term UCITS posted in February their highest net inflows since May 2015, thanks to an increased demand for equity funds and robust net sales of bond and multi-assets funds.
Ends
*Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (February) and the Notes to editors section for further information on how the Fact Sheet is produced.
For media enquiries, please contact:
Peter De Proft,Director General
Bernard Delbecque, Senior Director - Economics and Research
Notes to editors:
About the European Fund and Asset Management Association (EFAMA):
EFAMA is the representative association for the European investment management industry. EFAMA represents through its 28 member associations and 62 corporate members close to EUR 23 trillion in assets under management of which EUR 14.1 trillion managed by 58,400 investment funds at end 2016. Just over 30,600 of these funds were UCITS (Undertakings for Collective Investments in Transferable Securities) funds, with the remaining 27,800 funds composed of AIFs (Alternative Investment Funds). For more information about EFAMA, please visit www.efama.org
About the February Monthly EFAMA Investment Fund Industry Fact Sheet:
The Fact Sheet is published by EFAMA on a monthly basis and presents net sales and net assets data for UCITS and AIF provided by 28 national associations. The contributing national associations are: Austria, Belgium, Bulgaria, Croatia, 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.