In our latest Monthly Statistical Release, we show the following main developments in November 2023 for the investment fund market:
- UCITS and AIFs experienced a surge in net sales to EUR 64 billion from EUR 1 billion in October.
- UCITS registered net inflows of EUR 57 billion, compared to EUR 2 billion in October.
Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 9 billion, compared to net outflows of EUR 34 billion in October.
Equity funds recorded net inflows of EUR 8 billion, compared to net outflows of EUR 13 billion in October.
Net sales of bond funds rebounded to EUR 19 billion, from net outflows of EUR 4 billion in October.
Multi-asset funds recorded net outflows of EUR 16 billion, the same level as in October.
UCITS money market funds (MMFs) recorded net inflows of EUR 48 billion, up from EUR 37 billion in October.
- AIFs registered net inflows of EUR 7 billion, compared to net outflows of EUR 1 billion in October.
- Total net assets of UCITS and AIFs increased by 3.5% in November, reaching EUR 20,080 billion.
Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “We saw net sales of UCITS equity and bond funds recovering substantially in November. This was on the back of good news about inflation and the expectation that interest rates will not be raised further.”
-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
