Net assets in retail funds distributed in Belgium have increased by 4.2% quarter-on-quarter in Q1 2015, amounting to €147.47bn at end March, the Belgian asset management association (Beama) has announced.
Retail funds distributed in Belgium have recorded €5.89bn inflows in Q1 2015.
In detail, assets invested in fixed income funds have dropped by 0.1%, amounting to €35.19bn.
Bond funds account for €32.81bn (-0.8% qoq in Q1 2015) and money market funds for €2.38bn (+10.2% qoq in Q1 2015).
Equities funds’ assets are up 17% qoq after recording €7.83bn inflows in Q1 2015. At end March, they were amounting to €53.86bn.
Mixed funds, including pensions funds, have boarded €6.07bn net inflows in Q1 2015.
Assets invested in mixed funds have hit €45.92bn at end March 2015, of which pension funds account for €17.4bn (+11.5% qoq in Q1 2015), a record in the history of the Belgian fund industry.
Belgium domiciled funds AUM have reached €122.61bn at end March 2015.