EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for September 2022, at European level and by country of fund domiciliation.

Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “The month of September was marked by significant net outflows from UCITS equity funds as recession fears were building, whereas UCITS bond funds were severely affected by the clear signal sent by the Fed and ECB that they are committed to stamping out inflation at all costs.”

The main developments in September 2022 can be summarised as follows:

• Net sales of UCITS and AIFs registered net outflows of EUR 103 bn, compared to net inflows of EUR 11 bn in August.
   
• UCITS recorded net outflows of EUR 109 bn, compared to net inflows of EUR 11 bn in August.
   
  • Long-term UCITS (UCITS excluding MMFs) registered net outflows of EUR 79 bn, compared to net outflows of EUR 3 bn in August.
     
    • Equity funds recorded net outflows of EUR 33 bn, compared to net outflows of EUR 15 bn in August.
    • Bond funds registered net outflows of EUR 31 bn, compared to net inflows of EUR 9 bn in August.
    • Multi-asset funds recorded net outflows of EUR 12 bn, compared to net inflows of EUR 3 bn in August.
       
  • UCITS MMFs recorded net outflows of EUR 30 bn, compared to net inflows of EUR 14 bn in August.
     
• AIFs registered net inflows of EUR 5 bn, up from EUR 0.2 bn in August.
• Total net assets of UCITS and AIFs decreased by 4.7% in September to EUR 18,993 bn.

-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