Ucits assets increase 0.1% as equity outflows slow

Magnifying_graphOutflows from equity funds slowed in July despite a decline in stock prices, with €1 billion leaving compared to €3 billion in June. Investor cautions saw bond funds experience a jump in net inflows to €6 billion from a breakeven point in June. The figures come from 23 industry bodies that belong to the European Fund and Asset Management Association (Efama). Ucits funds registered net outflows of €14 billion compared to net outflows of €29 billion in June.  Efama said the reduction in the level of net outflows was on account of reduced net outflows from money market funds and an increase in the net sales of bond funds. “Long-term” Ucits (which excludes money market funds) saw an increase in net inflows to €11 billion, up from €7 billion in June. “Special funds” (funds reserved to institutional investors) saw net inflows remain steady in July attracting inflows of €6 billion.  However, real estate funds registered a drop in net inflows from €3 billion in June to breakeven point in July. Total assets of Ucits amounted to €5,780 billion at end July 2011, an increase of 0.1% since end June. ©2011 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.