Figures from 23 associations representing more than 97% of total Ucits and non-Ucits assets at the end of April 2011 provided EFAMA with net sales and net assets data.
Equity funds witnessed net inflows amounting to €8bn, considerably higher than net outflows of €11bn in March and balanced funds were the leading asset class with net sales of €10bn in April. This was the highest figure since April 2010.
Bond funds continued to register net outflows in April, slightly increasing to €0.7bn. And total non-Ucits net sales increased from €7bn in March to €8bn in April, driven by the net sales of special funds reserved to institutional investors.
The total value of Ucits amounted to €5,862bn at the end of April 2011, marking an increase of 0.4% since the end of March.
