Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

16 November 2011

EFAMA(欧州投資信託協会):9月の株式ファンドの純資金流出額の低下は、投資家の回復力を示唆している


Default: Change to:


The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Fund Industry Fact Sheet, which provides investment sales and asset data for September 2011.


The main developments in September 2011 in the reporting countries can be summarised as follows:

UCITS experienced a jump in net outflows in September registering €49 billion, more than double the net outflows recorded in August (€20 billion).

Long-term UCITS (UCITS excluding money market funds) continued to witness sizeable net outflows in September, albeit lower than in August: €37 billion compared to €53 billion in August.

  • Net outflows from bond and balanced funds remained relatively steady in September registering net outflows of €12 billion and €10 billion, respectively.
  • Net outflows from equity funds reduced from €26 billion in August to €17 billion in September.

Money market funds recorded a turnaround in net flows during September to record net outflows of €12 billion, reflecting a cyclical pattern of end of quarter outflows. This outflow came against a backdrop of net inflows of €33 billion registered in August.

Total non-UCITS registered net sales of €5 billion, down from €8 billion at end August. This drop was attributable to a reduction in net inflows to special funds (funds reserved to institutional investors) from €8 billion to €5 billion at end September.

Total assets of UCITS amounted to €5,414 billion at end September 2011, a decrease of 2.6 per cent since end August. Total assets of non-UCITS also decreased slightly in September to stand at €2,046 billion.

Bernard Delbecque, Director of Economics and Research at EFAMA, said: “A worsening of the euro area sovereign debt crisis amidst weakening economic growth continued to undermine investor confidence in September. At the same time, net outflows from equity funds declined somewhat in September, suggesting resilience from investors despite the global uncertainties. Investors seem to be waiting for a clear solution to the euro debt crisis before returning to long term investments.”

Press release



© EFAMA - European Fund and Asset Management Association


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment