Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

36969

Net Sales of UCITS and AIFs continue to rise through July, says EFAMA

RELATED TOPICS​

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.

Latest News

Iress has announced that it has extended its partnership with Dow Jones Newswires to give..
The Financial Conduct Authority (FCA) writes that in new rules, it has set out a..
GAM has announced it has reached a definitive agreement to transfer its Management Company activities..

Related Articles

infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas...
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving..
Duncan Higgs, Bfinance
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges in investment management fees and costs across various asset classes...
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by