EFAMA has published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for July 2023, at European level and by country of fund domiciliation.
Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “After several months of net outflows, net sales of UCITS and AIF equity funds returned to positive territory in July, in the context of stronger stock markets.”
The main developments in July 2023 can be summarised as follows:
- UCITS and AIFs recorded net inflows of EUR 27 billion, compared to net outflows of EUR 8 billion in June.
- UCITS reported net inflows of EUR 19 billion, compared to net outflows of EUR 15 billion in June.
- Long-term UCITS (UCITS excluding money market funds) experienced net inflows of EUR 8 billion, compared to net outflows of EUR 11 billion in June.
- Equity funds recorded positive net sales of EUR 3 billion, compared to net outflows of EUR 7 billion in June.
- Bond funds saw net inflows of EUR 14 billion, up from EUR 7 billion in June.
- Multi-asset funds continued to suffer from net outflows, although slightly less than in June (EUR 6 billion compared to EUR 9 billion).
- UCITS money market funds recorded net inflows of EUR 11 billion, compared to net outflows of EUR 4 billion in June.
- Long-term UCITS (UCITS excluding money market funds) experienced net inflows of EUR 8 billion, compared to net outflows of EUR 11 billion in June.
- AIFs registered net inflows of EUR 8 billion, the same level as in June.
- Total net assets of UCITS and AIFs increased by 1.3% in July, reaching EUR 20,132 billion.
-ENDS-
Notes to editors
About the 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 AIFs for 29 European countries: 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.
For further information, please contact:
Hayley McEwen
Head of communication & membership development
Tel: +32 2 548 26 52
Email: Hayley.McEwen@efama.org
