Net sales of UCITS and AIFs totalled EUR38 billion in February, down from EUR83 billion in January 2021, according to the latest Investment Fund Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).
Sumitomo Mitsui Trust Asset Management (SuMi TRUST) has recorded three years of outperformance by its Japan Small Cap II Fund, which launched in April 2018 and has over USD100 million assets under management (AUM).
Global asset management group Comgest is marking the 20th anniversary of the Comgest Growth China fund, one of the oldest European-registered China funds and an early investor in China A-shares.
The Refinitiv Lipper team has released the February European flow industry report, showing that long-term mutual funds posted strong net inflows for February 2021.
The upward trajectory of Jersey’s funds industry continued in 2020 with the value of regulated funds business serviced in the jurisdiction growing by 9 per cent over the year to reach a new record level, according to the latest quarterly statistics.
The European Fund and Asset Management Association (EFAMA) has published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for January 2021.
The OYSTER Sustainable Europe fund from iM Global Partner is now classified as an Article 9 fund, the best possible classification under the European Union’s new Sustainable Finance Disclosure Regulations.
Fitch Ratings estimates that assets under management (AUM) in global ESG-oriented money market funds (MMFs) increased by around 50 per cent to EUR123 billion by end-2020. In contrast, growth of all global MMFs was only around 20 per cent in the same period.
Ireland has strengthened its position as an international investment hub, with figures published for December by Irish Funds, the representative body for the international investment fund community in Ireland, showing record breaking net sales.
UK savers put almost GBP1 billion a month on average into responsible investment funds in 2020, new statistics published today by the Investment Association (IA) reveal, while net retail sales into responsible investment funds in January 2021 reached GBP1.2 billion.