Sun, Apr 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

EFAMA: Total assets of UCITS stood at €6,547bn at end February

Tuesday, April 16, 2013

From Komfie Manalo, Opalesque Asia – Improved investor sentiments provided strong inflows into UCITS funds in February 2013, according to the latest Investment Fund Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).

In its report, EFAMA cites data from 26 associations representing more than 99.6% of total UCITS and non-UCITS assets at end February, which showed that all fund categories registered net inflows in February.

"UCITS continued to attract strong net inflows in February of EUR 44bn, marking a slight reduction from the EUR 49bn recorded in January. Long-term UCITS (UCITS excluding money market funds) registered large net inflows amounting to EUR 41bn, a modest decrease from January’s record net inflows of EUR 53bn," EFAMA said.

The main developments in February 2013 in the reporting countries can be summarized as follows:

  • Net sales of equity funds registered EUR 14bn compared to EUR 21bn in January.
  • Bond funds also recorded reduced net sales of EUR 13bn, down from EUR 20bn in January.
  • Balanced fund net sales remained flat in February at EUR 11 billion.

Bernard Delbecque, Director of Economics and Research at EFAMA, commented, "Improvements in financial markets continued to boost investor sentiment in February which contributed to strong net i......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f