Long-term Ucits funds see record investment

Long-term Ucits funds experienced a large increase in net inflow in January, as investor sentiment improved, data from the European Fund and Asset Management (EFAMA) suggests.

Long-term Ucits – excluding money market funds – saw record net inflows of €19bn, against net outflows of €7bn in December. Bond fund net inflow increased to €13bn in January from €4bn in December, and equity fund net inflow increased to €4bn, compared to a net outflow of €6bn a month earlier.

The overall Ucits net inflows of €25bn were the first since May 2011. Overall net outflows were €6bn in December.

Bernard Delbecque, director of Economics and Research at EFAMA, said: “2012 began on a note of cautious optimism as the monetary policy measures taken by the ECB in December coupled with encouraging macroeconomic data from the United States helped strengthen investor sentiment prompting a return to long-term funds.”

EFAMA’s latest Investment Fund Industry Fact Sheet, which provides investment sales and asset data for January 2012, draws data from 24 associations representing more than 97% of total Ucits and non-Ucits assets.


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