EFAMA has published its latest Monthly Statistical Release for June 2024.

Thomas Tilley, Senior Economist at EFAMA, commented: “The ECB rate cut of early June resulted in strong net inflows into bond UCITS throughout the month.”

The main developments in June can be summarised as follows:

• UCITS and AIFs recorded net inflows of EUR 81bn, compared to EUR 36bn in May.

   

• UCITS attracted net inflows of EUR 68bn, up from EUR 34bn in May.

   

  • Long-term UCITS (UCITS excluding money market funds) saw net inflows of EUR 42bn, down from EUR 46bn in May. Of these, 20 bn went into ETF UCITS, down from 26 bn in May.
     
    • Equity UCITS registered net inflows of EUR 14bn, compared to EUR 26bn in May.
    • Bond UCITS experienced net inflows of EUR 27bn, up from EUR 20bn in May.
    • Multi-asset UCITS continued to suffer from net outflows (EUR 0.3bn), compared to net outflows of EUR 0.4bn in May. 
       
  • Money market (MMF) UCITS registered net inflows of EUR 26bn, compared to net outflows of EUR 12bn in May.
     

• AIFs recorded net inflows of EUR 13bn, up from EUR 2bn in May.

   

• Total net assets of UCITS and AIFs increased by 1.8%, to EUR 22,139bn.

   

-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