14 Jun 2011
UCITS experience net inflows in April due to strong net sales of equity funds
The European Fund and Asset Management Association has published its latest Investment Fund Industry Fact Sheet, which provides investment sales and asset data for April 2011.
23 associations representing more than 97% of total UCITS and non-UCITS assets at end April 2011 provided EFAMA with net sales and/or net assets data.
The main developments in April 2011 in the reporting countries can be summarised as follows:
* UCITS experienced net inflows in April of EUR 21 billion, compared
to net outflows of EUR 9 billion in March. This development is largely due to strong net sales of equity funds in April.
* Long-term UCITS (UCITS excluding money market funds) enjoyed a
turnaround in net flows in April to register strong net inflows of EUR 21 billion in April, significantly up from net outflows of EUR 3 billion recorded in March.
* Equity funds witnessed net inflows amounting EUR 8 billion,
considerably higher compared to net outflows of EUR 11 billion in March.
* Balanced funds were the leading asset class with net sales of EUR
10 billion in April. This was the highest figure since April 2010.
* On the other hand, bond funds continued to register net outflows
in April, slightly increasing to EUR 0.7 billion.
* Net sales of money market funds broke even in April, after
recording negative net flows of EUR 6 billion in March.
* Total non-UCITS net sales increased from EUR 7 billion in March to
EUR 8 billion in April, driven by the net sales of special funds reserved to institutional investors.
* Total assets of UCITS amounted to EUR 5,862 billion at end April
2011, an increase of 0.4 percent since end March.
* Total assets of non-UCITS also enjoyed growth of 0.8% in
April to stand at EUR 2,079 billion.
Equity and balanced funds rebounded in April on the back of a sustained positive growth outlook. On the other hand, concerns persisted regarding the sovereign debt crisis and inflationary pressures, which caused caution amongst investors in the bond fund market.
The European Fund and Asset Management Association has published its latest Investment Fund Industry Fact Sheet, which provides investment sales and asset data for April 2011.
23 associations representing more than 97% of total UCITS and non-UCITS assets at end April 2011 provided EFAMA with net sales and/or net assets data.
The main developments in April 2011 in the reporting countries can be summarised as follows:
* UCITS experienced net inflows in April of EUR 21 billion, compared
to net outflows of EUR 9 billion in March. This development is largely due to strong net sales of equity funds in April.
turnaround in net flows in April to register strong net inflows of EUR 21 billion in April, significantly up from net outflows of EUR 3 billion recorded in March.
considerably higher compared to net outflows of EUR 11 billion in March.
10 billion in April. This was the highest figure since April 2010.
in April, slightly increasing to EUR 0.7 billion.
* Net sales of money market funds broke even in April, after
recording negative net flows of EUR 6 billion in March.
EUR 8 billion in April, driven by the net sales of special funds reserved to institutional investors.
2011, an increase of 0.4 percent since end March.
April to stand at EUR 2,079 billion.
Equity and balanced funds rebounded in April on the back of a sustained positive growth outlook. On the other hand, concerns persisted regarding the sovereign debt crisis and inflationary pressures, which caused caution amongst investors in the bond fund market.
