4 Aug 2010
According to the European Fund and Asset Management Association in its latest quarterly international statistical release.
- Investment fund assets worldwide increased in value by 6.5% in the first quarter of 2010 to reach EUR 17 trillion at end Q1 2010, compared to EUR 15.9 trillion at end 2009.
- Net inflows to long-term funds (all funds excluding money market funds) rose to EUR 249 billion in the first quarter, from EUR 222 billion in the previous quarter. Equity, bond and balanced funds recorded net inflows of EUR 54 billion, EUR 122 billion and EUR 37 billion, respectively, in the first quarter. Over the past year, net flows into long-term funds have averaged EUR 246 billion per quarter.
- Net outflows from money market funds more than doubled in the first quarter of 2010 to EUR 294 billion, from EUR 139 billion in outflows in the previous quarter. Over the past year, net outflows from money market funds have averaged EUR 197 billion per quarter.
- Worldwide investment funds had EUR 45 billion in net outflows in the first quarter as a result of the sharp rise in the net outflows from money market funds that offset the net inflows into long-term funds. Over the past year, net flows into worldwide investment funds have averaged EUR 49 billion per quarter.
- At the end of March 2010 equity funds assets represented 40% of all investment fund assets worldwide. The asset share of bond funds was 20% and the asset share of balanced/mixed funds was 10%. Money market fund assets represented 21% of the worldwide total.
- Taking into account non-UCITS, the market share of Europe in the world market reached 35.9% at end March 2010, and that of the United States 44.8%. Excluding non-UCITS, the share of Europe and the United States reached 30.8% and 48.3% respectively.

