Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Net sales of UCITS and AIF close to historical peaks in August

Friday, October 27, 2017
Opalesque Industry Update - The European Fund and Asset Management Association (EFAMA) has published its latest Investment Funds Industry Fact Sheet, which provides net sales of UCITS and AIF for August 2017. 29 associations representing more than 99 percent of total UCITS and AIF assets provided us with net sales data.

The main developments in August 2017 can be summarized as follows:

· Net sales of UCITS and AIF totaled EUR 94 billion, slightly lower than EUR 96 billion in July.

· UCITS registered net sales of EUR 69 billion, down from EUR 83 billion in July.

o Long-term UCITS (UCITS excluding money market funds) recorded net sales of EUR 44 billion, down from EUR 61 billion in July.

o Net sales of equity funds totaled EUR 5 billion, down from EUR 19 billion in July.

o Net sales of bond funds totaled EUR 24 billion, down from EUR 29 billion in July.

o Net sales of multi-asset funds totaled EUR 14 billion, up from EUR 11 billion in July.

o UCITS money market funds registered net inflows of EUR 25 billion, higher than the EUR 22 billion registered in July.

· AIF recorded net sales of EUR 25 billion, up from the EUR 13 billion recorded in July.

· Total net assets of UCITS and AIFs totaled EUR 15,118 billion at end August, compared to EUR 15,059 billion at end July and EUR 14,147 billion at end 2016.

Bernard Delbecque, Senior director for Economics and Research at EFAMA commented: 'Net inflows into UCITS and AIFs remained close to historical peaks in August, despite a drop in net sales of equity funds against the background of rising geopolitical tensions caused by North Korea's missile tests.'

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1