Demand for Ucits funds and AIFs strengthened in May

Net inflows into Ucits-compliant funds and Alternative Investment Funds (AIFs) totalled €95 billion in May compared to €83 billion in April, according to figures published today by the European Fund and Asset Management Association (Efama).

Efama’s latest Investment Funds Industry Factsheet also shows that net inflows into Ucits funds in May amounted to €62 billion, down from €78 billion in April.

However, long-term Ucits funds (excluding money market funds) recorded net sales of €62 billion, up from €58 billion in April.

Meanwhile, net sales of equity funds totalled €13 billion, the same as in April. Net sales of bond funds amounted to €30 billion, up from €26 billion in April, while net sales of multi-asset funds were €17 billion, up from €15 billion in April.

Ucits money market funds experienced a sharp drop, recording net sales of €0.2 billion, down from €19 billion in April. By contrast AIFs recorded net sales of €33 billion, up from €5 billion in April.

Total net assets of Ucits and AIFs totalled €15,065 billion at end May, compared to €15,008 at the end of April and €14,141 billion at the end of 2016.

Bernard Delbecque, research director at Efama, said: “The demand for long-term Ucits and AIFs continued to increase in May, in an environment of strengthening economic growth and reduced political uncertainty in Europe following the election of President Macron.”

Efama’s monthly factsheet is compiled from net sales data provided by 29 national funds associations representing more than 99% of total Ucits and AIF assets.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST