European funds surpass €20trn net assets for historic first time

clock • 1 min read
European funds surpass €20trn net assets for historic first time

Assets held in UCITS and AIFs have exceeded €20trn for the first time ever, according to the latest monthly data from the European Fund and Asset Management Association (EFAMA). Net assets increased by 0.8% to €20.04trn in May, driven by strong sales of equity and multi-asset funds in the month. Thomas Tilley, senior economist, said: "Net assets of UCITS and AIFs breached the €20 trillion threshold for the first time ever in May, thanks to solid net sales and the strong performance of g...

To continue reading this article...

Join International Investment

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

Join now


Already a International Investment member?