Date Published 25/10/2023
The European Fund and Asset Management Association (EFAMA) published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data on UCITS and AIFs for June 2023, at European level and by country of fund domiciliation.
The main developments in June 2023 can be summarised as follows: UCITS and AIFs recorded net outflows of €8 billion, compared to net outflows of €13 billion in May. UCITS reported net outflows of €15 billion, compared to net outflows of €6 billion in May. Long-term UCITS experienced net outflows of €11 billion, compared to net outflows of €2 billion in May. Equity funds registered net outflows of €7 billion, compared to net outflows of €3 billion in May. Bond funds saw net inflows of €7 billion, down from €11 billion in May. Multi-asset funds recorded net outflows of €9 billion, compared to net outflows of €6 billion in May. UCITS money market funds recorded net outflows of €4 billion, the same level as in May. AIFs registered net inflows of €8 billion, compared to net outflows of €7 billion in May. Total net assets of UCITS and AIFs increased by 1.2% in June, reaching €19,871 billion.