On 1st March 2021, the European Fund and Asset Management Association (EFAMA) has published its Investment Fund Industry Fact Sheet for Q4 of 2020, together with an overview of the full year.
The main developments through the quarter are as follows:
- Strong growth (+6.6%) pushed the net assets of UCITS and AIFs up to EUR 18.77 trillion -UCITS net assets increased by 7.6%, whereas AIF net assets grew by 5.1%.
- UCITS and AIFs attracted EUR 290 billion of net inflows in Q4 2020 - Net sales of UCITS amounted to EUR 226 billion, compared to EUR 145 billion in Q3 2020. AIFs attracted EUR 64 billion in net new money over the quarter, up from EUR 51 billion in Q3 2020.
- Demand for equity funds soared - Net sales of equity funds rose to EUR 129...
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