Net assets of UCITS and AIFs jump 4.5% in Q1 2021 to reach €19.6trn

Pedro Gonçalves
clock • 2 min read
Net assets of UCITS and AIFs jump 4.5% in Q1 2021 to reach €19.6trn

Net assets of UCITS and AIFs recorded an increase of 4.5% in Q1 2021, reaching €19.6trn, according to the European Fund and Asset Management Association's (EFAMA) latest investment fund industry factsheet. UCITS net assets increased by 5.6%, driven by robust stock market gains and strong net sales, which amounted to €169bn in the first quarter of the year, compared to €226bn in Q4 2020. Net assets of AIFs grew by 2.6%, attracting €32bn in net new money over the quarter, compared to €64bn...

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