02 Oct 2019 UCITS fund sales post an 18-month high in July
According to data from industry organisation Efama, UCITS funds saw inflows of 86BEUR in July, a steep increase from June’s +6BEUR inflow. With investors anticipating further monetary stimulus, most money flowed into bond funds which saw their assets increase with +39BEUR in June, despite record low interest rates. Equity funds experienced a small outflow of -1BEUR.
Based on our own LuxHedge Alternative UCITS database, Alternative UCITS funds experienced a slight drop of -400MEUR during the month of July.