Net outflows for UCITS funds recorded in July
21 September 2018 Brussels
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UCITS and alternative investment funds (AIFs) recorded net inflows of €38 billion, compared to net outflows of €22 billion in June 2017, according to the European Fund and Asset Management Association.
The results, released in EFAMA’s latest Investment Fund Industry Fact Sheet, found long-term UCITS (UCITS excluding money market funds) recorded net inflows of €17 billion, compared to net outflows of €4 billion in June.
Net sales of equity funds registered net inflows of €9 billion, compared to net outflows of €3 billion in June.
Net sales of bond funds recorded net inflows of €4 billion, compared to net outflows of €6 billion in June.
Multi-asset funds continued to record net inflow (€5 billion), down from €7 billion in June.
UCITS money market funds registered net inflows of €14 billion, compared to net outflows of €21 billion in June.
Net sales of AIFs amounted to €7 billion, up from €3 billion in June.
Total net assets of UCITS and AIFs increased by 0.9 percent in July to €16 trillion, compared to €15.8 trillion at end June.
Bernard Delbecque, senior director for economics and research, commented: “Net sales of UCITS returned to positive territory in July, highlighting investor confidence in the resilience of markets.”
The results, released in EFAMA’s latest Investment Fund Industry Fact Sheet, found long-term UCITS (UCITS excluding money market funds) recorded net inflows of €17 billion, compared to net outflows of €4 billion in June.
Net sales of equity funds registered net inflows of €9 billion, compared to net outflows of €3 billion in June.
Net sales of bond funds recorded net inflows of €4 billion, compared to net outflows of €6 billion in June.
Multi-asset funds continued to record net inflow (€5 billion), down from €7 billion in June.
UCITS money market funds registered net inflows of €14 billion, compared to net outflows of €21 billion in June.
Net sales of AIFs amounted to €7 billion, up from €3 billion in June.
Total net assets of UCITS and AIFs increased by 0.9 percent in July to €16 trillion, compared to €15.8 trillion at end June.
Bernard Delbecque, senior director for economics and research, commented: “Net sales of UCITS returned to positive territory in July, highlighting investor confidence in the resilience of markets.”
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