The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides data on UCITS and AIFs sold in February 2021, at European level and by country of fund domiciliation.
Bernard Delbecque, Senior Director for Economics and Research commented: “Net sales of UCITS equity funds remained exceptionally high in February, as high hopes on the Covid-19 vaccines prevailed over the risks posed by the variants of the virus."
The main developments in February 2021 can be summarised as follows:
- Net sales of UCITS and AIFs totalled EUR 38 billion, down from EUR 83 billion in January 2021.
- UCITS recorded net inflows of EUR 34 billion, compared to EUR 66 billion in January 2021.
- Long-term UCITS (UCITS excluding money market funds) recorded EUR 88 billion of net sales, up from EUR 83 billion in January 2021.
- Equity funds registered net inflows of EUR 52 billion, compared to EUR 55 billion in January 2021.
- Net sales of bond funds amounted to EUR 22 billion, comparable EUR 23 billion in January 2021.
- Multi-asset funds recorded net inflows of EUR 10 billion, up from EUR 4 billion in January 2021.
- UCITS money market funds recorded net outflows of EUR 54 billion, compared to net outflows of EUR 17 billion in January 2021.
- AIFs recorded net inflows of EUR 3 billion, down from EUR 17 billion in January 2021.
- Total net assets of UCITS and AIFs increased by 0.6% to EUR 19,096 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.
Please see the accompanying attachment for the EFAMA Investment Fund Industry Fact Sheet February and the ‘Notes to editors’ section for further information on how the Fact Sheet is produced.
Notes to editors:
For further information, please contact:
Head of Communications
+32-2-473 562 936
About the February Monthly EFAMA Investment Fund Industry Fact Sheet
The Fact Sheet is published by EFAMA monthly 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, 58 corporate members and 24 Associate Members. At end Q4 2020, total net assets of European investment funds reached EUR 18.7 trillion. These assets were managed by more than 34,300 UCITS (Undertakings for Collective Investments in Transferable Securities) and almost 29,700 AIFs (Alternative Investment Funds). At the end of Q2 2020, asset managed by European asset managers as investment funds and discretionary mandates amounted to an estimated EUR 24.9 trillion. More information available at www.efama.org.