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

Thomas Tilley, Senior Economist at EFAMA, commented: “May 2024 saw net sales of equity UCITS rise to a 35-month high thanks to strong net inflows into equity ETFs and a rebound in non-ETF equity funds.”

The main developments in May can be summarised as follows: 

• UCITS and AIFs recorded net inflows of EUR 37bn, down from EUR 42bn in April.

   

• UCITS attracted net inflows of EUR 35bn, comparable to EUR 35bn in April. 

   

  • Long-term UCITS (UCITS excluding money market funds) saw net inflows of EUR 47bn, up from EUR 21bn in April.

     

    • Equity funds registered net inflows of EUR 26bn, compared to net outflows of EUR 1bn in April.
    • Bond funds experienced net inflows of EUR 21bn, down from EUR 27bn in April.

    • Multi-asset funds continued to suffer from net outflows (EUR 0.3bn), compared to net outflows of EUR 7bn in April.

       

  • UCITS money market funds registered net outflows of EUR 12bn, compared to net inflows of EUR 14bn in April.

     

  • UCITS ETFs recorded net inflows of EUR 26bn, doubling from EUR 13bn in April.

     

• AIFs recorded net inflows of EUR 2bn, compared to EUR 7bn in April.

   

• Total net assets of UCITS and AIFs increased by 1.3%, to EUR 21,735bn.

   

-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.