For immediate release
Brussels, 24th July 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 May 2019.Twenty-nine (29) associations representing 98 percent of total UCITS and AIF assets provided us with net sales data.The main developments in May 2019 can be summarized as follows:
Bernard Delbecque, Senior Director for Economics and Research commented: “Investor concern about renewed US-China trade tensions and their impact on global growth triggered in May a shift in investor demand from equity to bond funds.”
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* Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (May) and the ‘Notes to editors’ section for further information on how the Fact Sheet is produced.For media enquiries, please contact: Hume BrophyMarion Banide – email@example.comKerri- Anne Rice – firstname.lastname@example.orgEFAMATanguy van de Werve, Director GeneralBernard Delbecque, Senior Director for Economics and ResearchTelephone: +32 (0) 2 513 39 69 - E-mail: email@example.com Notes to editors:About the May 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, the voice of the European investment management industry, represents 28 member associations and 60 corporate members. At end 2018, total net assets of European investment funds reached EUR 15.2 trillion. These assets were managed by close to 33,400 UCITS (Undertakings for Collective Investments in Transferable Securities) and 28,600 AIFs (Alternative Investment Funds). For more information available at www.efama.org.