Bringing you live news and features since 2006 


UCITS enjoyed largest quarterly net inflows since 2006 in Q1 2013


UCITS enjoyed a surge in demand in the first quarter of 2013 to EUR130bn, marking the largest quarterly net inflows since the first quarter of 2006, according to data released by the European Fund and Asset Management Association (EFAMA).

This compares with net sales of EUR78bn in the previous quarter. Ten countries attracted net inflows in excess of EUR1bn. Investor confidence on the economic outlook strengthened in the first quarter as financial markets around the globe enjoyed a strong start to 2013, all of which fed into the high net sales of UCITS.
Total UCITS net assets rose 5.5 per cent during the first quarter to stand at EUR6,641bn at end March 2013.
Equity funds registered an increase of 8.8 per cent.
Balanced funds also enjoyed strong growth of 6.0 per cent, while bond funds saw growth of 4.5 per cent.
Net assets of money market funds remained flat during the quarter.
Long-term UCITS, i.e. UCITS excluding money market funds, experienced net inflows of EUR132bn during the quarter, up from EUR106bn in the previous quarter.
Net sales of equity funds increased to EUR44bn, from EUR30bn in the fourth quarter of 2012.
Bond funds continued to attract strong net inflows of EUR44bn, albeit down from EUR61bn in the previous quarter.
Net sales of balanced funds surged during the quarter to register net inflows of EUR36bn, compared to EUR13bn in the fourth quarter of 2012.
Net outflows from money market funds fell during the quarter to EUR2bn, compared to EUR28bn in the previous quarter.
Total net assets of non-UCITS increased by 3.9 per cent in the first quarter to stand at EUR2,751bn at end March 2013.  Assets of special funds reserved to institutional investors registered growth of 4.4 per cent during the quarter, thanks to sustained net sales (EUR43bn, compared to EUR44bn during the fourth quarter).
The combined assets of the investment fund market in Europe, i.e. the market for UCITS and non-UCITS, increased by 5.0 per cent in the first quarter to break through the EUR9trn mark to stand at EUR9,393bn at end March 2013.

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by