08.28.2020

Net Sales Of UCITS Funds Break €100bn In June

08.28.2020
Trading Europe From ‘Across the Pond’

The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for June 2020.

Bernard Delbecque, Senior Director for Economics and Research commented: “Investor confidence further strengthened in June, maintaining the good momentum built in April and May and bringing net sales of UCITS to the EUR 100 billion mark. In a challenging economic environment globally, these positive sales figures are testament of UCITS’ strength as trusted investment products for retail and institutional investors.”

29 associations across Europe representing 98 percent of total UCITS and AIF assets in Europe provided EFAMA with net sales data for the month of June 2020.

The main developments in June 2020 can be summarised as follows:

Net sales of UCITS and AIFs totalled EUR 108 billion, up from EUR 84 billion in May.
UCITS recorded net inflows of EUR 100 billion, compared to EUR 78 billion in May 2020.Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 52 billion, up from EUR 46 billion in May 2020.​Net sales of equity funds amounted to EUR 17 billion, compared to EUR 8 billion in May 2020.
Bond funds recorded net inflows of EUR 30 billion, down from EUR 35 billion in May 2020.
Multi-asset funds recorded net inflows of EUR 3 billion, up from EUR 2 billion in May 2020.
UCITS money market funds recorded net inflows of EUR 48 billion, compared to EUR 32 billion in May 2020.
AIFs recorded net inflows of EUR 7 billion, compared to EUR 6 billion in May 2020.
Total net ​assets of UCITS and AIFs increased by 1.8% to EUR 17,156 billion.

Source: EFAMA

Related articles

  1. Daily Email Feature

    More Advances in Tokenized Funds

    Franklin Templeton is enabling peer-to-peer transfers in its on-chain fund & Archax has tokenized a BlackRock ...

  2. The BlackRock-Temasek joint venture invests in companies that support the acceleration of decarbonization.

  3. A search will be launched for Peter Harrison's successor.

  4. Total market share of active ETFs has grown to 8.5%.

  5. The FCA regulated digital asset exchange added tokenized access to abrdn’s MMFs last year.