EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for August 2023, at European level and by country of fund domiciliation.

Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “Net inflows into money market funds strengthened in August whereas net sales of equity, bond and mixed-assets UCITS turned negative, reflecting an increase in investor risk aversion.”

The main developments in August 2023 can be summarised as follows:

• UCITS and AIFs recorded net inflows of EUR 16 billion, compared to net inflows of EUR 28 billion in July.
   
• UCITS reported net inflows of EUR 16 billion, down from EUR 19 billion in July.
   
  • Long-term UCITS (UCITS excluding money market funds) experienced net outflows of EUR 8 billion, compared to net inflows of EUR 9 billion in July.
    • Equity funds recorded net outflows of EUR 2 billion, compared to net inflows of EUR 3 billion in July.
    • Bond funds registered net outflows of EUR 2 billion, compared to net inflows of EUR 14 billion in July.
    • Multi-asset funds recorded net outflows of EUR 5 billion, compared to net outflows of EUR 6 billion in July.
       
  • UCITS money market funds recorded net inflows of EUR 24 billion, up from EUR 11 billion in July.
     
• AIFs registered net inflows of EUR 1 billion, compared to EUR 8 billion in July.
   
• Total net assets of UCITS and AIFs decreased by 0.8% in August, reaching EUR 19,979 billion.

-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