The European Fund and Asset Management Association (EFAMA) has published its latest monthly Investment Fund Industry Fact Sheet, which provides data on UCITS, and AIFs sold in April 2021, at European level and by country of fund domiciliation.

Bernard Delbecque, Senior Director for Economics and Research commented: “Spurred by stock market gains and the successful vaccine rollout across Europe, investor demand for equity UCITS remained strong in April, leading to total net sales of EUR 211 billion since the start of 2021.”

The main developments in April 2021 were net sales of UCITS and AIFs totalling €96 billion, up from €78 billion in March 2021.

UCITS recorded Net inflows of €97 billion, compared to €69 billion in the previous month.

Long-term UCITS (UCITS excluding money market funds) recorded €89 billion of net sales, up from EUR 71 billion in March 2021.

Equity funds recorded net sales of €48 billion, down from €56 billion in March 2021.

Bond funds registered net inflows of €20 billion, compared to €0.1 billion in March 2021.

Multi-asset funds recorded net inflows of €17 billion, up from €13 billion in March 2021.

UCITS money market funds recorded net inflows of €8 billion, compared to net outflows of €2 billion in March 2021.

AIFs recorded net outflows of €1 billion, compared to net inflows of €8 billion in March 2021.

Finally the Total net assets of UCITS and AIFs increased by 1.1 percent to €19,873 billion.