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...
To continue reading this article...
Join International Investment
Signup and gain exclusive members-only insights
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
