The European Federation of Investment Funds and Companies (FEFSI) released its latest Quarterly Statistical Release which reports on the trends in the European investment fund industry.
Main highlights in the Statistical Release are: The combined assets of the investment fund market in Europe, i.e. the market for UCITS and other nationally regulated types of investment funds, rose by 6% during the first quarter of 2004 to cross for the first time the five trillion-threshold of assets under management.
Total assets in the UCITS market increased by 6.5% during the first quarter of 2004. Growth
was driven by equity fund assets, which increased by 8.6%. This represented 47% of the total net asset increase. Investor demand for equity funds, which started to pick up in the second quarter of 2003, continued to support asset growth at a steady pace.
Quarterly statistical release
Powerpoint presentation
© FEFSI
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