Date Published 12/10/2022
Latest European fund statistics
Recent fund statistics released by the European Fund and Asset Management Association (“EFAMA”) have shown net outflows from long term UCITS. It is believed that rising inflation, the tightening of monetary policy, Russia’s invasion of Ukraine, and the resulting risks to economic growth have contributed to this recent trend. However, while net sales turned negative in Q2 2022, this represents only 0.7% of total assets, which illustrates strong market and investor resilience given the exceptionally high degree of uncertainties posed for the global economy.