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The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for July 2020*.
Bernard Delbecque, Senior Director for Economics and Research commented: “Solid net inflows into long-term UCITS indicate overall investors’ confidence about the investment outlook in July, despite the risks posed by the COVID-19 crisis. At the same time, the sustained net inflows into money market funds confirm that a certain degree of caution prevailed among investors.”
The main developments in July 2020 can be summarized as follows:
- Continued net sales of UCITS and AIFs totalling EUR 124 billion, up from EUR 108 billion in June.
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