Bringing you live news and features since 2006 

Net sales of long-term UCITS jump in February, says EFAMA

RELATED TOPICS​

Net sales of UCITS rose in February to EUR87 billion from EUR83 billion in January, according to the latest Investment Funds Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).

This increase in net sales can be attributed to a rise in the net sales of long-term UCITS.
 
Long-term UCITS (UCITS excluding money market funds) registered increased net inflows of EUR71 billion in February, up from EUR55 billion in January.
  
Bond funds posted a rise in net sales in February to EUR26 billion, up from EUR18 billion in January. Equity funds also enjoyed increased net sales of EUR14 billion, up from EUR9 billion in January. Balanced funds continued to register net inflows in February (EUR22 billion), albeit at a slower pace than in January (EUR27 billion).
 
Money market funds registered a second consecutive month of positive net sales in February (EUR16 billion), after posting net sales of EUR28 billion in January.
 
Total non-UCITS net sales remained relatively steady in February at EUR21 billion, compared to EUR22 billion in January.  Net sales of special funds (funds reserved to institutional investors) decreased to EUR16 billion during the month from EUR19 billion in January.
 
Total net assets of UCITS stood at EUR8,784 billion at end February 2015, representing a 4.2 percent increase during the month.  Total net assets of non-UCITS increased 2.4 percent to stand at EUR3,467 billion at month end.  Overall, total net assets of the European investment fund industry stood at EUR12,251 billion at end February 2015.

Bernard Delbecque, Director of Economics and Research, says: “Rising stock markets and lower interest rates in the euro area in February supported increased net sales of long-term UCITS during the month.”
 

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
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