Document group: Press-Releases
EFAMA Fact Book 2007: The reference tool on the European Investment Fund Industry.
Investment funds in Europe
grew at a compound annual growth rate of 15 percent in 2003-2006, from EUR
4,296 billion in 2002 to EUR 7,552 billion in 2006. Equity funds recovered strongly from the stock
market downturn of 2001-2002 to reach EUR 2,189 billion in 2006, or 41 percent
of total UCITS assets. All other fund
categories also enjoyed strong growth, with a special mention for balanced
funds, special funds dedicated to institutional investors and funds of hedge
funds. Total net sales reached EUR 540
billion in 2006, against EUR 507 billion in 2005 and EUR 278 billion in 2004
