EFAMA has published its latest Monthly Statistical Release for May 2024.
Thomas Tilley, Senior Economist at EFAMA, commented: “May 2024 saw net sales of equity UCITS rise to a 35-month high thanks to strong net inflows into equity ETFs and a rebound in non-ETF equity funds.”
The main developments in May can be summarised as follows:
- UCITS and AIFs recorded net inflows of EUR 37bn, down from EUR 42bn in April.
- UCITS attracted net inflows of EUR 35bn, comparable to EUR 35bn in April.
o Long-term UCITS (UCITS excluding money market funds) saw net inflows of EUR 47bn, up from EUR 21bn in April.
- Equity funds registered net inflows of EUR 26bn, compared to net outflows of EUR 1bn in April.
- Bond funds experienced net inflows of EUR 21bn, down from EUR 27bn in April.
- Multi-asset funds continued to suffer from net outflows (EUR 0.3bn), compared to net outflows of EUR 7bn in April.
o UCITS money market funds registered net outflows of EUR 12bn, compared to net inflows of EUR 14bn in April.
o UCITS ETFs recorded net inflows of EUR 26bn, doubling from EUR 13bn in April.
- AIFs recorded net inflows of EUR 2bn, compared to EUR 7bn in April.
- Total net assets of UCITS and AIFs increased by 1.3%, to EUR 21,735bn.
Source: EFAMA
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