The European Fund and Asset Management Association (EFAMA) has today published its European Quarterly Statistical Release for the second quarter of 2026.
Hailin Yang, Senior Data Analyst at EFAMA, commented on the Q2 2026 figures: “European investment funds enjoyed a strong Q2, with net assets up 8.4% and record ETF inflows signalling robust investor demand.”
The main developments in Q2 2026 are as follows:
Net assets of UCITS and AIFs increased by 8.4% in Q2 2026, reaching EUR 27.51 trillion.
UCITS and AIFs attracted EUR 267 billion in net inflows, down from EUR 282 billion in Q1 2026. UCITS saw net inflows of EUR 245 billion, while AIFs registered net inflows of EUR 21 billion.
Long-term funds recorded net inflows of EUR 223 billion. All long-term fund categories experienced net inflows. Bond funds registered net inflows of EUR 94 billion, an increase from EUR 69 billion in Q1 2026. Multi-asset funds attracted EUR 58 billion in net inflows, compared to EUR 43 billion in Q1 2026. Equity funds saw net inflows of EUR 46 billion, down from EUR 90 billion in Q1 2026.
ETFs attracted record-high net sales. UCITS ETFs saw net inflows of EUR 117 billion over the quarter.
SFDR Article 9 funds continued to see net outflows in Q2, totalling EUR 0.3 bn, with equity funds accounting for most of the outflows. Article 8 funds registered net inflows of EUR 86 bn in Q2 2026, reflecting strong demand for bond and money market funds.
European households increased their fund acquisitions sharply in Q1 2026, with net fund acquisitions totalling EUR 98 bn, up from EUR 68 bn in Q4 2025. These were primarily driven by households in Germany, Spain, Switzerland, Belgium and Italy, each with net acquisitions above EUR 8 billion.
-ENDS-
Notes to editors
About the EFAMA Quarterly Statistical Release:
The release is published by EFAMA every quarter 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. It also includes a section providing information on the owners of investment funds in Europe and their net purchases of funds.
For further information, please contact:
Hayley McEwen
Head of communications & membership development
