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The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet and 2019 overview of net sales data of UCITS and AIFs*.
After the challenging year 2018, 2019 ended as a good year for the European investment fund industry. The good momentum built in November was confirmed in December with net sales of UCITS and AIFs over the period totaling EUR 70 billion (EUR 71 billion for the previous month) and bringing total net assets to EUR 17,796 billion or a 1% increase over the period.
In December, UCITS recorded net inflows of EUR 45 billion (EUR 58 billion in November). A slowdown driven by net outflows in UCITS money market funds of EUR 18 billion, compared to net inflows of EUR...
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