​For immediate release

Steady inflows into UCITS equity funds in September

Brussels, 24th November 2020 - The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for September 2020*.
 
Bernard Delbecque, Senior Director for Economics and Research commented: “Net inflows into UCITS equity funds remained steady in September despite concerns about rising Covid-19 infection rates and the potential impact of new lockdown measures.” 
 
The main developments in September 2020 can be summarised as follows: ​
  • Net sales of UCITS and AIFs totalled EUR 32 billion, up from EUR 30 billion in August.

  • UCITS recorded net inflows of EUR 12 billion, compared to EUR 25 billion in August 2020.

    • Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR 19 billion, down from EUR 37 billion in August 2020. 

      • Equity funds recorded net inflows of EUR 17 billion, compared to EUR 13 billion in August 2020.
      • Net sales of bond funds amounted to EUR 6 billion, down from EUR 20 billion in August 2020.
      • Multi-asset funds recorded net outflows of EUR 2 billion, compared to net inflows of EUR 2 billion in August 2020.

    • UCITS money market funds recorded net outflows of EUR 7 billion, compared to net outflows of EUR 12 billion in August 2020.

  • AIFs recorded net inflows of EUR 19 billion, up from EUR 5 billion in August 2020.

  • Total net assets of UCITS and AIFs decreased by 0.01% to EUR 17,638 billion.
– Ends –
 
* 29 associations across Europe representing 98 percent of total UCITS and AIF assets in Europe provided EFAMA with net sales data for the month of September 2020.
  
Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet (Sept) and the ‘Notes to editors’ section for further information on how the Fact Sheet is produced.
 
For media enquiries, please contact:
 
Hume Brophy
Kerri – Anne Rice (kerrianne.rice@humebrophy.com)
Paul Andrieu (paul.andrieu@humebrophy.com)
EFAMA
info@efama.org 
 
Notes to editors:
 
About the September 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, 60 Corporate Members and 24 Associate Members. At end Q2 2020, total net assets of European investment funds reached EUR 17.1 trillion. These assets were managed by almost 34,200 UCITS (Undertakings for Collective Investments in Transferable Securities) and more than 29,100 AIFs (Alternative Investment Funds). More information is available at www.efama.org .