EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for January 2023, at European level and by country of fund domiciliation.

Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “Net sales of UCITS equity and bond funds continued to rise in January as investors regained trust in the economy and hoped that the interest rate peak was in sight.”

The main developments in January 2023 can be summarised as follows:

• Net sales of UCITS and AIFs registered net inflows of EUR 29 billion, up from EUR 23 billion in December 2022.
   
• UCITS showed a strong performance in January, recording net inflows of EUR 43 billion, a significant increase compared to EUR 16 billion in December 2022.
   
  • Long-term UCITS (UCITS excluding money market funds) registered net sales of EUR 54 billion, up from EUR 19 billion in December 2022.
    • Net sales of equity funds amounted to EUR 23 billion, up from EUR 7 billion in December 2022.
    • Bond funds experienced net inflows of EUR 29 billion, up from EUR 15 billion in December 2022.
    • Multi-asset funds recorded net inflows of EUR 2 billion, compared to net outflows of EUR 4 billion in December 2022.
       
  • UCITS money market funds continued to experience net outflows (EUR 12 billion), compared to EUR 3 billion in December 2022.
     
• AIFs registered net outflows of EUR 14 billion, compared to net inflows of EUR 7 billion in December 2022.
• Total net assets of UCITS and AIFs increased by 2.8% in January to EUR 19,674 billion.

-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