|
Laxman Pai, Opalesque Asia: Net sales of Ucits and alternative investment funds (AIFs) saw a boost in April,
totalling 43bn - up 6bn from the previous month, said opean Fund and Asset
Management Association (EFAMA) .
According to latest Investment Fund Industry Fact Sheet by EFAMA, overall
inflows into Ucits reached 27bn (up from 13bn in March) despite net outflows of
12.7bn from equity funds due to investors' concerns over the global economic
outlook.
Bernard Delbecque, Senior Director for Economics and Research said: "Despite
encouraging economic data and stock market gains, equity UCITS funds
continued to suffer net outflows in April, which suggests that investors remained
concerned about the global economic outlook."
Long-term UCITS (UCITS excluding money market funds) recorded net inflows of
14bn, down from 16bn in March.
Equity funds registered net outflows of 13bn, compared to net outflows of 23bn
in March.
Net sales of bond funds dropped to 25bn, down from 43bn in March.
Multi-asset funds recorded net inflows of 4bn, compared to net outflows of 2bn
in March.
UCITS money market funds recorded net inflows of 13bn, compared to net
outflows of 2bn in March.
Net sales of AIFs turned positive in April, with net inflows of 17 bn, compared to
net outflows of 8bn in March.
Total net assets of UCITS and AIFs increased by 1.5 % to 16,556bn. ...................... To view our full article Click here
|
RSS
