Net assets of UCITS and AIFs bounced back strongly, crossing the EUR 17 trillion threshold again. UCITS net assets increased by 11.2%, whereas the net assets of AIFs grew by 5.7%. The strong recovery of global stock markets and the higher share of equity in the asset allocation of UCITS compared to AIFs, combined with the exceptionally high net sales of UCITS, explain these differences in growth rates.
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European Fund and Asset Management Association
Source: EFAMA: Trends in the European Investment Fund Industry in the Second Quarter of 2020, page 1. Download report HERE.