Sales of Ucits rebound in October - Efama data

Jonathan Boyd
clock • 1 min read

The European Fund and Asset Management Association (Efama) says its latest monthly data points to a sharp rebound in net sales of Ucits and alternative investment funds in October, up to €43bn from €25bn in September. Ucits alone saw net inflows of €42bn, up from €13b in September. Excluding money market funds, long term Ucits saw net inflows of €37bn, up from €32bn in September. Net sales of equity funds were €7bn (€4bn in September), bond funds €19bn (€17bn), and multi-asset funs €10bn (€9bn).  Money market funds saw €5bn of net inflows, versus net outflows of €18bn in Septemb...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.