For immediate release - Brussels, 25th June 2019
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 2019.
The first quarter of 2019 was marked by three main developments in the worldwide investment fund industry:
Lacklustre demand for equity funds in the face of a slowdown in economic growth.
Bernard Delbecque, Senior Director for Economics and Research commented: “The shift towards a more accommodative monetary policy in early 2019 in response to the slowdown in global economic outlook has led to a shift in investor demand from equity funds to bond funds." Further highlights for this quarter include: At the end of Q1 2019, assets of equity funds represented 41.5 percent and bond funds represented 20.7 percent of all investment fund assets worldwide. Of the remaining assets, the asset share of balanced/mixed funds was 17.1 percent and money market funds represented 11.4 percent. The market shares, in terms of net assets, of the ten largest countries/regions in the world market were the United States (47.0%), Europe (32.8%), Australia (3.9%), China (3.6%), Brazil (3.6%), Japan (3.4%), Canada (3.1%), Rep. of Korea (1.0%), India (0.6%) and South Africa (0.4%).
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*Please see the accompanying attachment for the EFAMA International Statistical Release (Q1 2019). For media enquiries, please contact: Hume BrophyMarion Banide – firstname.lastname@example.orgKerri Anne Rice – email@example.comEFAMATelephone: +32 (0) 2 513 39 69E-mail: firstname.lastname@example.org Notes to editors: The report for the first quarter of 2019 contains statistics from the following 47 countries: Argentina, Brazil, Canada, Chile, Costa Rica, Mexico, Trinidad & Tobago, United States, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lichtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, Australia, China, India, Japan, Rep. of Korea, New Zealand, Pakistan, Philippines, Taiwan, South Africa.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