For immediate release
Robust capital markets recovery brings net total UCITS assets over 16 trillion mark in February 2019
Brussels, 26th April 2019 - The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Fund Industry Fact Sheet, which provides net sales of UCITS and AIFs for February 2019.Twenty-nine associations representing 98 percent of total UCITS and AIF assets provided us with net sales data.
The main developments in February 2019 can be summarized as follows:
- Net sales of UCITS and AIFs totaled EUR 13 billion, down from EUR 28 billion in January.
- UCITS registered net inflows of EUR 6 billion, down from EUR 23 billion in January.
- Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 10 billion, up from EUR 6 billion in January.
- Equity funds registered net outflows of EUR 4 billion, compared to net inflows of EUR 0.2 billion in January.
- Net sales of bond funds increased from EUR 13 billion in January to EUR 14 billion in February.
- Multi-asset funds sales turned positive in February, with net inflows of EUR 2 billion, compared to net outflows of EUR 2 billion in January.
- UCITS money market funds recorded net outflows of EUR 4 billion, compared to net inflows of EUR 17 billion in January.
- AIFs recorded net inflows of EUR 6 billion, up from EUR 5 billion in January.
- Total net assets of UCITS and AIFs increased by 1.7 % to EUR 16,030 billion.
Bernard Delbecque, Senior Director for Economics and Research commented: Net total assets of UCITS and AIFs crossed again the 16 trillion-euro mark in February, following the robust recovery in world capital markets since the beginning of the year.
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:
Hume Brophy
Marion Banide marion.banide@humebrophy.com
Kerri Anne Rice kerrinanne.rice@humebrophy.com
EFAMA
Tanguy van de Werve, Director General
Bernard Delbecque, Senior Director for Economics and Research
Telephone: +32 (0) 2 513 39 69 - E-mail: info@efama.org
Notes to editors:
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 29 national associations. The contributing national associations are: 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.
About the European Fund and Asset Management Association (EFAMA):
EFAMA is the representative association for the European investment management industry, which represents 28 member associations and 62 corporate members. At end 2018, total net assets of European investment funds reached EUR 15.2 trillion. Close to 33,400 of these funds were UCITS (Undertakings for Collective Investments in Transferable Securities) and close to 28,600 of these funds were AIFs (Alternative Investment Funds). For more information about EFAMA, please visit www.efama.org