EFAMA releases UCITS net sales results
26 March 2018 Brussels
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Net sales of UCITS peaked in January, supported by a very strong demand for equity funds, according to The European Fund and Asset Management Association (EFAMA).
The report, EFAMA’s latest Investment Funds Industry Fact Sheet was released on 26 March, and provides a breakdown of net sales of UCITS and alternative investment funds (AIFs) for January 2018.
EFAMA found net sales of UCITS and AIF totaled €142 billion, down from €28 billion in December 2017.
UCITS registered net sales of €125 billion, markedly up from €29 billion in December 2017.
Long-term UCITS (UCITS excluding money market funds) recorded net sales of €88 billion, up from €49 billion in December 2017.
Net sales of equity funds totaled €48 billion, up from €15 billion in December 2017.
Multi-asset funds totaled €17 billion, up from €16 billion in December 2017.
EFAMA found that UCITS money market funds saw a reversal in flows, increasing from net outflows of €21 billion in December 2017 to net inflows of €38 billion in January 2018.
Elsewhere, AIF recorded net sales of €17 billion, up from sales close to zero in December 2017.
Total net assets of UCITS and AIF totalled €15,927 billion at end January 2018, compared to €15,696 billion at end December 2017.
Bernard Delbecque, director of economics and research at EFAMA, commented: “Net sales of UCITS surged to an all-time record level in January, as investors remained upbeat on equity markets through most of the month.”
The report, EFAMA’s latest Investment Funds Industry Fact Sheet was released on 26 March, and provides a breakdown of net sales of UCITS and alternative investment funds (AIFs) for January 2018.
EFAMA found net sales of UCITS and AIF totaled €142 billion, down from €28 billion in December 2017.
UCITS registered net sales of €125 billion, markedly up from €29 billion in December 2017.
Long-term UCITS (UCITS excluding money market funds) recorded net sales of €88 billion, up from €49 billion in December 2017.
Net sales of equity funds totaled €48 billion, up from €15 billion in December 2017.
Multi-asset funds totaled €17 billion, up from €16 billion in December 2017.
EFAMA found that UCITS money market funds saw a reversal in flows, increasing from net outflows of €21 billion in December 2017 to net inflows of €38 billion in January 2018.
Elsewhere, AIF recorded net sales of €17 billion, up from sales close to zero in December 2017.
Total net assets of UCITS and AIF totalled €15,927 billion at end January 2018, compared to €15,696 billion at end December 2017.
Bernard Delbecque, director of economics and research at EFAMA, commented: “Net sales of UCITS surged to an all-time record level in January, as investors remained upbeat on equity markets through most of the month.”
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