The European Fund and Asset Management Association's (EFAMA) Quarterly Statistical Release for the first quarter of 2019 reports a strong increase in net assets of UCITS and AIFs, driven by the rebound of financial markets.

Net assets of UCITS increased by 7.8% to EUR10,004bn, while net assets of AIFs increased by 6.4% to EUR6,247bn, said the report.

It repor