Bringing you live news and features since 2006 

Investor confidence starts recovery in September

RELATED TOPICS​

UCITS net sales decreased to EUR1 billion, down from net inflows of EUR9 billion in August, according to the latest investment Funds Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).

The decrease can be attributed to net outflows from money market funds.
 
Long-term UCITS meanwhile, (UCITS excluding money market funds) experienced a rebound in net sales of EUR12 billion, compared to net outflows of EUR3 billion in August.  
 
Equity funds enjoyed a turnaround with net sales of EUR3 billion, up from net outflows of EUR3 billion in August. Net outflows from bond funds amounted to EUR1 billion, compared to net outflows of EUR12 billion in August. Net sales of multi-asset funds remained steady with inflows of EUR8 billion in both August and September.
 
UCITS money market funds recorded net outflows of EUR11 billion, compared to net inflows of EUR12 billion in August.  This reflected usual end-of-quarter redemptions. 
 
Total AIF net sales saw net outflows of EUR6 billion, down from inflows of EUR6 billion in August.
 
Net assets of UCITS stood at EUR7,815 billion at end September 2015, representing a decrease of 2.2 percent during the month, while net assets of AIF decreased by 2.5% to stand at EUR4,294 billion at month end.  Overall, total net assets of the European investment fund industry decreased by 2.3% percent to stand at EUR12,109 billion at end August 2015. 
 
Bernard Delbecque (pictured), Director for Economics and Research at EFAMA, says: “The rebound in net sales of long-term UCITS, even though modest, suggests that investor confidence began to strengthen again in September, after a few weeks of turbulence in the markets.”
 

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
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.  ...
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