European equity funds see decline amid economic uncertainty

Ucits equity funds faced net outflows of €13 billion in Q2 2023, according to the European Fund and Asset Management Association’s (Efama) report.

In contrast, bond funds continue to attract investors, albeit at a reduced rate, with net inflows of €35 billion, down from Q1’s €51 billion.

Alternative Investment Funds (AIFs) showed a positive shift, registering an influx of €9 billion this quarter, reversing the net outflows seen in Q1.

Sustainable Finance Disclosure Regulation (SFDR) Article 9 funds saw net inflows for the ninth consecutive quarter.

These findings also highlight the continued trust of European households in investment funds, accumulating a net acquisition of €31 billion in Q1.

Bernard Delbecque, senior director for economics and research at Efama, said, “Net sales of UCITS turned negative this quarter, echoing rising concerns about the stock market amidst global economic uncertainties and the current interest rates.”

© 2023 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
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

CLOUD DATA PLATFORMS

Luxembourg is one of the world’s premiere centres for cross-border distribution of investment funds. Read our special regional coverage, coinciding with the annual ALFI European Asset Management Conference.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST