For immediate release
Brussels, 22nd June 2020 - The European Fund and Asset Management Association (EFAMA), has today published its latest International Statistical Release describing the trends in worldwide investment fund industry in the first quarter of 2020*.
Worldwide regulated open-ended fund assets decreased by 10.8 percent to EUR 47.1 trillion in the first quarter of 2020. Worldwide net cash flow to all funds amounted to EUR 617 billion, compared to EUR 808 billion in the fourth quarter of 2019.
Bernard Delbecque, Senior Director for Economics and Research commented: “While the sharp fall in global financial markets at the end of Q1 2020 led to a large drop in net assets of worldwide investment funds, net outflows only represented 0.46% of total assets, which confirms a high degree of investor resilience in stressed market conditions".
The main developments in the first quarter of 2020 can be summarized as follows: