Brussels, 28th September 2018 - For immediate release
Worldwide investment fund assets rose to 45.65trn by the end of Q2 2018
The European Fund and Asset Management Association (EFAMA) has today published its latest International Statistical Release. The report describes information on worldwide regulated open-ended fund assets and flows for the second quarter of 2018.
The main developments can be summarized as follows:
Investment fund assets worldwide increased by 4.4 percent to EUR 45.65 trillion at end Q2 2018. In U.S. dollar terms, due to the appreciation of the US dollar, worldwide investment fund assets decreased by 1.3 percent to stand at USD 53.22 trillion at end Q2 2018.
Net cash inflows into funds worldwide amounted to EUR 190 billion, down from EUR 502 billion in Q1 2018. Net inflows reached EUR 29 billion in Europe, compared to EUR 113 billion in the United States.
Long-term funds (all funds excluding money market funds) recorded net inflows of EUR 159 billion, compared to EUR 491 billion in Q1 2018.
o Equity funds attracted net sales of EUR 36 billion, down from EUR 217 billion in Q1 2018.
o Bond funds posted net sales of EUR 60 billion, down from EUR 119 billion in Q1 2018.
o Balanced/mixed funds registered net sales of EUR 23 billion, down from EUR 89 billion in Q1 2018.
Money market funds registered net sales of EUR 31 billion, up from EUR 11 billion in Q1 2018.
At the end of the second quarter of 2018, assets of equity and bond funds represented 42.1 percent and 20.2 percent of worldwide investment fund assets, respectively. Of the remaining assets, money market funds represented 11.2 percent and the asset share of balanced/mixed funds was 17.4 percent.
The market shares of the ten largest countries/regions in the world market were the United States (46.3%), Europe (34.0%), Australia (3.9%), China (3.4%), Japan (3.4%), Brazil (3.3%), Canada (3.2%), Rep. of Korea (0.9%), India (0.6%) and South Africa (0.4%).
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* Please see the accompanying attachment for the EFAMA International Statistical Release (Q2 2018)
For media enquiries, please contact:
Peter De Proft, Director General
Bernard Delbecque, Senior Director for Economics and Research
Telephone: +32 (0) 2 513 39 69
E-mail: info@efama.org
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Notes to editors:
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 2017, total net assets of European investment funds reached EUR 15.6 trillion. Close to 32,000 of these funds were UCITS (Undertakings for Collective Investments in Transferable Securities) and close to 28,300 of these funds were AIFs (Alternative Investment Funds). Including discretionary mandates, third-party regulated asset managers managed EUR 25 trillion in Europe at end 2017. For more information about EFAMA, please visit www.efama.org.
Notes to editors:
The report for the second quarter of 2018 contains statistics from the following 47 countries: Argentina, Brazil, Canada, Chile, Costa Rica, Mexico, Trinidad & Tobago, United States, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lichtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, Australia, China, India, Japan, Rep. of Korea, New Zealand, Pakistan, Philippines, Taiwan, South Africa.