France domiciled funds AUM up 3.8% mom
Assets under management for France domiciled funds market have amounted to €854bn in July 2015, up 3.8% month-on-month and up 11.2% since the start of the year, Europerformance said.
The market’s AUM have increased by €31bn in one month.
Europerformance has found out that France domiciled funds have recorded €21.7bn net inflows in July 2015.
Money market and equity funds have drawn inflows with respectively €19.88bn and €1.05bn net new money recorded last month, whilst bond funds have seen outflows (-€593m).
Europerformance also observed that assets allocated to long-term ETFs overtake those allocated to active management.