Bringing you live news and features since 2006 

Net sales of UCITs and AIFS boosted by increased investor confidence says EFAMA


The European Fund and Asset Management Association (EFAMA) has published its latest quarterly European statistics, tracking and analysing trends in European regulated open-ended fund assets and net flows during Q2 2021.

The data includes insight on the owners of investment funds in Europe and their net purchases of funds during the first quarter of 2021.
The main developments through the quarter are as follows: 

•    Net assets of UCITS and AIFs increased by 4.1 per cent in Q2 2021 – UCITS net assets grew by 4.5 per cent and net assets of AIFs grew by 3.4 per cent as they crossed the EUR20 trillion threshold.

•    UCITS and AIFs attracted EUR228 billion of net inflows over the quarter – Net sales of UCITS amounted to EUR210 billion, and net inflows into AIFs amounted to EUR18 billion. During the first half of 2021, UCITS and AIFs attracted EUR430 billion in net new money. 

•    Demand for equity funds stayed strong – After the record net inflows in Q1 2021 (EUR133 billion), net sales of equity funds declined, but remained historically high at EUR94 billion, due to investor confidence in the stock market rebound.  

•    Net sales of other long-term funds remained robust – Net sales of bond funds amounted to EUR40 billion over the quarter, compared to EUR55 billion in Q1 2021. Net inflows into multi-asset funds increased from EUR37 billion in Q1 2021 to EUR63 billion in Q2 2021. 

•    Money market funds (MMFs) recorded net outflows (EUR18 billion) – Investors continued to reduce their net holdings of MMFs in Q2 2021, albeit at a much slower pace than in the previous quarter. 

•    Record breaking investment by European households – European households invested EUR55 billion in investment funds through Q1 2021, a number not seen since Q2 2017. On the other hand, net acquisitions of funds by European insurers and pension funds declined to EUR18 billion, from EUR71 billion in Q4 2020.

Bernard Delbecque, Senior Director for Economics and Research, says: “Net sales of long-term UCITS, in particular equity funds, remained very strong in Q2 2021, as the successful rollout of the Covid-19 vaccination campaign and the recovery of the global economy boosted investor confidence.” 

Latest News

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..
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..

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...
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