Spain’s AM industry posts €2.2bn in September

Related Content Related Video White Papers Related Articles

The Spanish asset management industry posted total net inflows of €2.2bn in September, bringing total AUM to €188bn.

Compared with August, inflows have gone up by 1.2%, scoring a record in six years over September 2008, industry association Inverco has revealed.

During the first three quarters of 2014, total net inflows into Spanish asset management products have reached some €34.5bn, 22.3% up only in the first 9 months of the year.

Looking at sector breakdown, Inverco revealed that Guaranteed Investment Funds (GIFs) hold the highest level of AUM with €36bn at present, followed by passive funds with €24.7bn and global equities with €12.3bn.

However in September, the best performing asset class was mixed fixed income securities with €1.6bn net inflows, followed by mixed equity with €683m  and fixed income with €606m.

Global equities, GIFs and monetary funds saw outflows of €645m, €455m and €102.5m respectively.



The Fund Selector Forum Italy 2014 takes place on 5 November 2014 at the Four Seasons Hotel in Milan.

Click here for further details and to register:



Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!