Sign up for free newsletter

 

Investor demand for Ucits funds continues to increase

Investor demand for Ucits funds continues to increase


Investor demand for Ucits funds continues to strengthen, with net Ucits sales of EUR36m in August, according to the European Fund and Asset Management Association.

From January to August 2009 total net sales of Ucits reached EUR128bn.

Long-term Ucits (excluding money market funds) increased their net sales to EUR32bn in August, reflecting net inflows into equity, bond and balanced funds.

Money market funds also attracted positive net inflows (EUR4bn) in August, albeit at a slower rate than in July (EUR11bn).

Special funds reserved for institutional investors continued to attract net inflows in August of EUR3bn.

Total assets of Ucits and non- Ucits increased in August by 1.7 per cent.

August was the second consecutive month this year with Ucits net sales exceeding EUR35bn. Taking into account net inflows into special funds reserved for institutional investors, European funds enjoyed net inflows of EUR143bn during the opening eight months of the year.
 
Peter De Proft (pictured), director general of EFAMA, says: “The latest industry data continues the positive trend for allocations to Ucits and non- Ucits funds across Europe. We welcome this, which we regard as the return of investors’ confidence.”

events
9 hours 59 min from now - Tokyo
5 days 9 hours from now - New York
5 weeks 9 hours from now - New York
training
Wed, 07/12/2016   - London
Wed, 07/12/2016   - London
Mon, 12/12/2016   - New Haven
listingsdirectory
IKONIC Fund Services Ltd.
Tue, 29/11/2016 - 11:28
Backstop Solutions Group
Tue, 08/11/2016 - 17:44
The Gemini Companies
Mon, 17/10/2016 - 11:51
specialreports
other gfm publications