Net sales of UCITS and AIFs contract during February, impacted by Russia’s invasion of Ukraine
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Net sales of UCITS and AIFs contract during February, impacted by Russia’s invasion of Ukraine 06 May 2022Belgium Reporter: Jenna Lomax
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Net sales of UCITS and alternative investment funds (AIFs) totalled EUR €48 billion in February 2022, compared to €18 billion in January 2022, according to the latest figures from the European Fund and Asset Management Association (EFAMA).
The figures, published in EFAMA’s latest Investment Fund Industry Fact Sheet, provides net sales of UCITS and AIFs for the month of February 2022.
The month-on-month decline for February 2022 was primarily the result of “concerns surrounding Russia’s invasion of Ukraine”, Bernard Delbecque, senior director for economics and research at EFAMA, says.
Netet sales of multi-asset funds during February 2022 amounted to €11 billion, down from €36 billion in January.
UCITS recorded net inflows of €43 billion, compared to net outflows of €8 billion in January.
Net sales of longer UCITS (UCITS excluding money market funds) stood at €2 billion in February, down from €51 billion in January.
Equity funds recorded net sales of €8 billion in February, down from €25 billion in January.
In February 2022, UCITS money market funds recorded net inflows of €45 billion, compared to €59 billion in January 2022.
AIFs registered net outflows of €5 billion in February, compared to net outflows of €10 billion in January, while total net assets for UCITS and AIFs decreased by 2.2 per cent from January to February 2022 to €20.8 billion.
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