For immediate release
Brussels, 28th May 2019 - The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Fund Industry Fact Sheet, which provides net sales of UCITS and AIFs for March 2019.
Twenty-nine associations representing 98 per cent of total UCITS and AIF assets provided us with net sales data.The main developments in March 2019 can be summarised as follows:
Bernard Delbecque, Senior Director for Economics and Research commented: “Central banks’ move towards more dovish monetary policy in response to weaker global growth triggered an investment shift from equity funds towards bond funds in the UCITS market.”
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* Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (March) and the ‘Notes to editors’ section for further information on how the Fact Sheet is produced.For media enquiries, please contact: Hume BrophyMarion Banide – firstname.lastname@example.orgKerri Anne Rice – email@example.comEFAMATanguy van de Werve, Director GeneralBernard Delbecque, Senior Director for Economics and ResearchTelephone: +32 (0) 2 513 39 69E-mail: firstname.lastname@example.org
Notes to editors:About the March Monthly EFAMA Investment Fund Industry Fact Sheet:The Fact Sheet is published by EFAMA on a monthly basis and presents net sales and net assets data for UCITS and AIF provided by 29 national associations. The contributing national associations are: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, and United Kingdom.About the European Fund and Asset Management Association (EFAMA):EFAMA is the representative association for the European investment management industry, which represents 28 member associations and 62 corporate members. At end 2018, total net assets of European investment funds reached EUR 15.2 trillion. Close to 33,400 of these funds were UCITS (Undertakings for Collective Investments in Transferable Securities) and close to 28,600 of these funds were AIFs (Alternative Investment Funds). For more information about EFAMA, please visit www.efama.org