Highest inflows in equity UCITS since February 2018 signal investors’ return to confidence

Net sales of UCITS and AIFs increased 65 per cent month-over-month in November, totalling EUR71 billion, up from EUR43 billion in October, according to the latest monthly Investment Fund Industry Fact Sheet from The European Fund and Asset Management Association (EFAMA). 

This was driven by stronger net sales of UCITS (EUR58 billion, compared to EUR42 billion in October), and AIFs (EUR14 billion, compared to EUR1 billion in October). 

Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR48 billion, up from EUR37 billion in October.   

UCITS money market funds recorded net inflows of EUR10 billion, compared to net inflows of EUR5 billion in October.
Total net assets of UCITS and AIFs increased by 1.9 per cent to EUR17,611 billion.

Bernard Delbecque, Senior Director for Economics and Research, says: “Equity UCITS recorded their highest inflows since February 2018, helped by positive signs from the manufacturing sector in Europe and hopes of a trade deal between the US and China.”