The European Fund and Asset Management Association has published its latest Quarterly Statistical Release describing the trends in the European investment fund industry in the first quarter of 2017.
The highlights of the developments in Q1 2017 include:
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Net sales of UCITS and AIF reached EUR 262 billion, compared to EUR 120 billion in Q4 2016. The sharp increase was driven by strong net sales of UCITS bond, money market and multi-asset funds.
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UCITS registered net sales of EUR 202 billion, compared EUR 78 billion in Q4 2016.
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Long-term UCITS, i.e. UCITS excluding money market funds, recorded net sales of EUR 152 billion, compared to EUR 41 billion in Q4 2016.
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UCITS money market funds recorded net sales of EUR 51 billion, compared to EUR 37 billion in Q4 2016.
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AIF net sales amounted to EUR 60 billion in Q1 2017, compared to EUR 42 billion in Q4 2016. The strong net sales of AIF are mainly due to a reversal in the net sales of bond funds flows (net inflows of EUR 11 billion compared to net outflows of EUR 2 billion in Q4 2016) and an increase in the demand for other AIF funds (EUR 35 billion compared to EUR 25 billion in Q4 2016).
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European investment fund net assets increased 4.6% in Q1 2017 to EUR 14,795 billion.
Bernard Delbecque, Senior director for Economics and Research and EFAMA commented: “The year 2017 began on a high note, with net sales of UCITS surpassing the EUR 200 billion mark in the first quarter.”
Press release
Statistical release
© EFAMA - European Fund and Asset Management Association
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