Net Sales Of UCITS Funds Break €100bn In June

Shanny Basar
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. Richard Turner of Insight Investment sees more automation and more transparency around cost and outcomes.

  2. The suite enables GAM to seamlessly manage market risk exposure and liquidity and investment risk.

  3. Asset manager anticipates an SEC decision on converting its fund to a spot bitcoin ETF by early July.

  4. Fidelity continues to hire thousands to support cryptocurrency.

  5. Tradeweb Draws Buy Side in Europe

    Net sales registered net outflows of €3bn, compared to €42bn in March 2022.