Bringing you live news and features since 2006 

Bernard Delbecque, EFAMA

EFAMA reports strong net inflows into money market funds in October


UCITS and AIFs registered net inflows of EUR6 billion in October, compared to net outflows of EUR22 billion in September, according to the latest Investment Fund Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).

UCITS recorded net outflows of EUR3 billion, compared to outflows of EUR31 billion in September, with long-term UCITS (UCITS excluding money market funds) recording net outflows of EUR36 billion, compared to net outflows of EUR11 billion in September.
Equity funds registered net inflows of EUR0.4 billion, compared to EUR4 billion in September, while bond funds suffered an increase in net outflows to EUR23 billion, compared to EUR10 billion in September, and multi-asset funds also recorded an increase in net outflows to EUR5 billion, compared to EUR1 billion in September.
UCITS money market funds registered net inflows of EUR33 billion, compared to net outflows of EUR21 billion in September. Net sales of AIFs recorded the same level of net inflows as in September (EUR9 billion). Total net assets of UCITS and AIFs decreased by 2.5 per cent to EUR15,698 billion, compared to EUR16,102 billion at end September.
Bernard Delbecque (pictured), Senior Director for Economics and Research, says: “Investor concerns about rising interest rates and political and economic uncertainty continued to weigh on the demand for long-term UCITS in October, boosting demand for money market funds.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
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