The European Fund and Asset Management Association (EFAMA) has published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS, and AIFs sold in July 2021, at European level and by country of fund domiciliation.
The European Fund and Asset Management Association (EFAMA) has published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS, and AIFs sold in July 2021, at European level and by country of fund domiciliation.
Bernard Delbecque, Senior Director for Economics and Research at EFAMA, comments: “Robust net inflows into long-term UCITS continued as investor confidence was buoyed by positive macro-economic data and an accelerating vaccine roll-out in Europe.”
The main developments in July 2021 can be summarised as follows:
Net sales of UCITS and AIFs totalled EUR138 billion, up from EUR75 billion in June 2021.
UCITS recorded net inflows of EUR107 billion, up from EUR60 billion in June 2021.
Long-term UCITS (UCITS excluding money market funds) recorded EUR68 billion of net sales, compared to EUR72 billion in June 2021.
Equity funds recorded net sales of EUR24 billion, down from 38 billion in June 2021, while bond funds registered net inflows of EUR22 billion, up from EUR13 billion in June 2021, and net sales of multi-asset funds amounted to EUR20 billion, up from EUR17 billion in June 2021.
UCITS money market funds meanwhile recorded net inflows of EUR38 billion, compared to net outflows of EUR12 billion in June 2021.
AIFs registered net inflows of EUR31 billion, up from EUR15 billion in June 2021, while the total net assets of UCITS and AIFs increased by 1.4 per cent in July to EUR20,578 billion.
