Brussels, 31st March 2017 - For immediate release
UCITS net sales growth reached record level in January 2017
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 January 2017. 28 associations representing more than 99 percent of total UCITS and AIF assets provided us with net sales data.
The main developments in January 2017 can be summarized as follows:
Net flows into UCITS and AIF totaled EUR 92 billion, compared to EUR 32 billion in December 2016.
UCITS registered net inflows of EUR 71 billion, up from EUR 22 billion in December 2016.
- Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 40 billion, compared to EUR 18 billion in December.-- Equity funds recorded net sales of EUR 6 billion, compared to EUR 9 billion in December.-- Bond funds recorded net sales of EUR 20 billion, up from EUR 6 billion in December.-- Net sales of multi-asset funds increased from EUR 1 billion in December to EUR 10 billion in January.- UCITS money market funds recorded net sales of EUR 31 billion, up from EUR 3 billion in December 2016.
AIF recorded net inflows of EUR 21 billion, up from EUR 11 billion in December 2016.
Total net assets of European investment funds increased to EUR 14,342 billion at end January, compared to EUR 14,201 at end 2016.
Total net assets of European investment funds increased to EUR 14,342 billion at end January, compared to EUR 14,201 at end 2016.
Bernard Delbecque, Senior director for Economics and Research at EFAMA commented: Net sales of UCITS reached a level never reached since May 2016, thanks to strong demand for both long-term and money market funds.
Ends
*Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (January) 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
Senior Director, Economics and Research
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 61 corporate members 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
EFAMA is the representative association for the European investment management industry. EFAMA represents through its 28 member associations and 61 corporate members 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 January 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.
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.