Strong sales of worldwide investment funds in Q2 2017

Sales of worldwide investment funds continued their strong performance in the second quarter of the year, though equity and bond subscriptions fell at the international level.

According to the European Fund and Asset Management Association’s (Efama) International Statistical Release, investment fund assets worldwide rose by 4.6% in US dollar terms, to stand at $48.3 trillion (€41 trillion) at end of Q2 2017.

But the appreciation of the euro meant that, when measured in euro terms, investment fund assets worldwide decreased 2% in the second quarter of 2017.

Internationally, equity funds recorded net sales of €113 billion, down from €164 billion in the previous quarter. Bond funds posted net sales of €200 billion, down from €254 billion in the first quarter of 2017, while balanced/mixed funds registered net sales of  €82 billion, up from €102 billion in the previous quarter.

Yet the situation was different in Europe. Long-term funds attracted net sales of €259 billion, up from €202 billion in the first quarter of 2017.

Equity fund net sales doubled to €40 billion. Bond fund net sales were €102 billion, compared to €79 billion in the previous quarter and balanced/mixed funds amounted to €65 billion, up from €52 billion in Q1.

The market share of the three largest countries/regions in the world were: US (46.4%), Europe (34.2%), Australia (3.8%).

©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