CACEIS NEWS 59 EN

8

STATISTICS

EUROPE

WORLDWIDE

EFAMA - December 2019

EFAMA - December 2019

Net assets of the European Fund industry

Worldwide investment fund assets

Q3 2019

Q3 2019

17.17 trillion

51.2 trillion

+3.8% / Q2 2019 

€ +4.8% / Q2 2019  Worldwide regulated open-ended fund assets increased by 4.8 percent to €51.2 trillion in the third quarter of 2019.

€

Total net assets of the European investment increased to €17.17 trillion at end Q3 2019, representing an increase of 3.8% since Q2 2019.With €10.54 trillion invested in UCITS, this segment accounted for 61.4% of total European investment fund assets at end Q3 2019, with the remaining 38.6% (or €6.63 trillion) coming fromAIFs.

48.01 48.80 51.16

42.51 43.29 44.30 43.74 45.69 46.64 43.98

Top Ten European countries by regulated funds assets

Q3 2019

UNITED KINGDOM € 1.65 tr

LUXEMBURG € 4.57 tr

IRELAND € 2.93 tr

FRANCE € 1.94 tr

GERMANY € 2.30 tr

Q2

2017 Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

2018

2019

Net cash flow to investment funds

Q3 2019

622 billion

NETHERLANDS € 937 bn

ITALY € 319 bn

SWITZERLAND € 686 bn

SWEDEN € 385 bn

SPAIN € 300 bn

€ +97% / Q2 2019  Worldwide net cash flow to all funds amounted to €622 billion, compared to €315 billion in the second quarter of 2019.

Net Sales of AIFs

Q3 2019

33

€

694

billion – 31 % / Q2 2019 

635

52

622

574

48

502

315

37

301

33

193 169 118

27

23

Q2

2017 Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

19

2018

2019

Net sales of AIFs totaled €33 billion in Q3 2019.

15

2017

2018

2019

Trends by investment type (€tr)

Q3 2019

SWITZERLAND FOCUS

SFAMA - December 2019

All fund categories recorded net asset growth except equity funds in Q3 2019. The bond fund rally continued. European bond funds attracted €81 billion, accounting for 42% of total net sales of funds. Net outflows from equity funds slowed down at €12 billion. Demand for money market funds significantly strengthened. Net inflows into money market funds reached €73 billion.

Assets under management (CHF billion)

1,181

1,106 1,051

931

870

857

The Swiss fund market continued to grow over the last five years, with an increase of more than 6% in assets under management between September 2018 and September 2019.

EQUITY

BOND

MONEY MARKET

MULTI-ASSET

OTHER

223

18 190 30

48

SEPT. 2014

SEPT. 2015

SEPT. 2016

SEPT. 2017

SEPT. 2018

SEPT. 2019

€

71

Breakdown of assets by type of fund at September 30, 2019 (CHF billion) 16 1.37%

79

19 87 13 6

73

38

488 41.33%

23

7

25 2.07%

27 40 20 30 –10 –14

2 0.18%

30 28 25 –8 –19

35 2.93%

Equity Bond

84

82

81

81

19 -48

106 8.95%

Mixed Assets Money Market Real Estate Commodity Alternatives Other

TOTAL 1,181

–12

–3

–32

–38 –10

–48

132 11.15%

T3 –11 –8

378 32.02%

Q1

Q2

Q3

Q4

Q1

Q2

Q3

2018

2019

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PUBLISHING DIRECTOR Éric Dérobert / EDITOR Corinne Brand +33 1 57 78 31 50 – corinne.brand@caceis.com / GRAPHIC DESIGN Anne Terrin +33 1 57 78 18 22 – anne.terrin@caceis.com / PHOTO CREDITS Notified on pictures / PRINTER GRAPH’IMPRIM certified Imprim’vert®. This document is printed on Cyclus paper, 100% recycled fiber, certified Blaue Engel, Nordic and European Ecolabel / ISSN NUMBER 1952-6695. For further information on our products and services, please contact our commercial teams / This newsletter has been produced by CACEIS. CACEIS cannot be held responsible for any inaccuracies or errors of interpretation, which this document may contain. www.caceis.com