For immediate release
Net sales of UCITS and AIFs reached EUR 43 billion in October
Brussels, 23rd December 2019 - The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales of UCITS and Alternative Investment Funds (AIFs) for October 2019.
29 associations across Europe representing 98 percent of total UCITS and AIF assets in Europe provided EFAMA with net sales data for the month of October 2019.
The main developments in October 2019 are as follows:
The main developments in October 2019 are as follows:
- Net sales of UCITS and AIFs totalled EUR 43 billion, up from EUR 25 billion in September.
- UCIT funds registered net inflows of EUR 42 billion, compared to EUR 13 billion in September.
- Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 37 billion, up from EUR 32 billion in September.
- Equity funds registered net inflows of EUR 7 billion, compared to EUR 4 billion in September.
- Net sales of bond funds increased to EUR 19 billion, up from EUR 17 billion in September.
- Multi-asset funds recorded net inflows of EUR 10 billion, up from EUR 9 billion in September.
- UCITS money market funds recorded net inflows of EUR 5 billion, compared to net outflows of EUR 18 billion in September.
- AIFs registered net inflows of EUR 1 billion, compared to EUR 11 billion in September.
- Total net assets of UCITS and AIFs increased by 0.3% to EUR 17,282 billion.
Bernard Delbecque, Senior Director for Economics and Research commented: The rebound in net sales of UCITS equity funds was confirmed in October, against the backdrop of a more optimistic outlook on the US-China trade negotiations, and the agreement of a new Brexit deal.
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* Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (October) and the Notes to editors section for further information on how the Fact Sheet is produced.
For media enquiries, please contact:
Hume Brophy
Kerri - Anne Rice kerrianne.rice@humebrophy.com
Kerri - Anne Rice kerrianne.rice@humebrophy.com
EFAMA
Tanguy van de Werve, Director General
Tanguy van de Werve, Director General
Bernard Delbecque, Senior Director for Economics and Research
Telephone: +32 (0) 2 513 39 69
E-mail: info@efama.org
E-mail: info@efama.org
Notes to editors:
About the October 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 29 national associations. The contributing national associations are: 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.
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 29 national associations. The contributing national associations are: 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.
About the European Fund and Asset Management Association (EFAMA):
EFAMA, the voice of the European investment management industry, represents 28 member associations and 60 corporate members. At end 2018, total net assets of European investment funds reached EUR 15.2 trillion. These assets were managed by close to 33,400 UCITS (Undertakings for Collective Investments in Transferable Securities) and 28,600 AIFs (Alternative Investment Funds). More information available at www.efama.org.
EFAMA, the voice of the European investment management industry, represents 28 member associations and 60 corporate members. At end 2018, total net assets of European investment funds reached EUR 15.2 trillion. These assets were managed by close to 33,400 UCITS (Undertakings for Collective Investments in Transferable Securities) and 28,600 AIFs (Alternative Investment Funds). More information available at www.efama.org.