Ucits funds score €21bn of inflows

efama_logoRenewed appetite for Ucits equity funds pushed inflows into Ucits funds to €21bn in April, a dramatic turnaround from the €9bn outflows in March, according to the European Fund and Asset Management Association (Efama). Balanced funds were the leading asset class with net sales of €10bn, the highest monthly figure since April 2010, while equity funds saw inflows of €8bn, up from outflows of €11bn in March. Efama said the gains reflect a “sustained positive growth outlook”. Bond funds saw modest outflows of €0.7bn, which Efama attributed to persistent concerns about Europe's debt crisis and inflation fears. Money market funds remained stable. Net sales of non-Ucits funds increased €1bn to €8bn, driven by sales of special funds for institutional investors. Efama said its data was based on 23 associations, which represented more than 97% of Ucits and non-Ucits assets at the end of April 2011. ©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.