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03 September 2014
Brussels
Reporter Catherine Van de Stouwe

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EFAMA records largest UCITS rise since 2006

The European Fund and Asset Management Association has registered the largest long term UCITS inflow since Q1 2006.

The increase has pushed the net inflows to €152 billion, a high increase from €138 billion in Q1 2014.

On the decline for Q2 was bond funds, which reduced to €56 billion from €61 billion in the previous quarter, and net inflows to equity funds that fell by €3 billion to €24 billion.

UCITS net funds remained high at €130 billion and the combined assets of UCITS and non-UCITS increased 4.6 percent to €10,617 billion at the end of June. This means that since the end of 2013, total net assets of UCITS and non-UCITS have increased 8.4 percent.

Overall, UCITS recorded net inflows of €283 billion for the first half of 2014.

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