EFAMA has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for November 2022, at European level and by country of fund domiciliation.
Bernard Delbecque, Senior Director for Economics and Research at EFAMA, commented: “Hopes that interest rates have approached their peak led to a rebound in investor demand for bond funds, whereas net outflows from equity funds were reduced to almost zero amidst renewed optimism toward stock markets.”
The main developments in November 2022 can be summarised as follows:
- Net sales of UCITS and AIFs registered net inflows of EUR 53 bn, up from EUR 3 bn in October.
- UCITS recorded net inflows of EUR 44 bn, compared to net inflows of EUR 71 bn in October.
- Long-term UCITS (UCITS excluding MMFs) registered net inflows of EUR 1 bn, compared to net outflows of EUR 53 bn in October.
- Equity funds recorded net outflows of EUR 1 bn, compared to net outflows of EUR 14 bn in October.
- Bond funds registered net inflows of EUR 8 bn, compared to net outflows of EUR 21 bn in October.
- Multi-asset funds recorded net outflows of EUR 7 bn, compared to net outflows of EUR 14 bn in October.
- UCITS MMFs registered net inflows of EUR 43 bn, compared to net inflows of EUR 124 bn in October.
- Long-term UCITS (UCITS excluding MMFs) registered net inflows of EUR 1 bn, compared to net outflows of EUR 53 bn in October.
- AIFs recorded net inflows of EUR 9 bn, compared to net outflows of EUR 69 bn in October.
- Total net assets of UCITS and AIFs increased by 2.2% in November to EUR 19,660 bn.
-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
Tel: +32 2 548 26 52
Email: Hayley.McEwen@efama.org
