Bringing you live news and features since 2006 

Euros

Bond funds see record net inflows in April

RELATED TOPICS​

UCITS attracted increased net inflows in April of EUR44bn, up from EUR38bn in March, while bond funds attracted their highest level of monthly net inflows since the European Fund and Asset Management Association (EFAMA) began collecting monthly data in 2008.

 
26 associations representing more than 99.6 per cent of total UCITS and non-UCITS assets at end April 2013 provided net sales and/or net assets data.   
 
Net sales of long-term UCITS (UCITS excluding money market funds) registered a rise in net inflows to EUR50bn, compared to EUR41bn in March.
 
Bond funds recorded a surge in net sales to EUR30bn, up from EUR15bn in March.
 
Net sales of equity funds reduced to EUR1bn, compared to EUR9bn in March.  
 
Net sales of balanced funds remained steady in April at EUR13bn.
 
Money market funds registered net outflows of EUR7bn in April, compared to net outflows of EUR2bn registered in March.  
 
Total non-UCITS recorded increased net sales of EUR20bn, up from EUR18bn in March. Special funds (funds reserved to institutional investors) recorded net inflows of EUR18bn, up from EUR15bn in the previous month.
 
Total net assets of UCITS stood at EUR6,781bn at end April 2013, representing a 1.2 per cent increase during the month. Total net assets of non-UCITS increased 1.8 per cent to stand at EUR2,692bn at month end. Overall, total net assets of the European investment fund industry stood at EUR9,473bn at end April 2013.  
 
Bernard Delbecque, director of economics and research at EFAMA, says: “In April net inflows into equity funds continued to fall amid uncertainty about growth prospects and stock prices, whereas bond funds attracted a surge in net inflows in the context of declining bond yields.”

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
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