Net assets of worldwide open-endedinvestment funds increased by 7.3% over the second quarter of 2021, according to the latest figures from the European Fund and Asset Management Association (EFAMA).
Worldwide regulated open-ended fund assets increased by 7.3% to €59.2trn in Q1 2021, with global net cash flow to all funds just over €1trn, a jump from the €660bn recorded in Q4 2020, the latest international quarterly statistics from EFAMA revealed. Measured in US dollars, worldwide investment fund net assets increased to $69.4trn at the end of Q1 2021, representing a 2.5% increase. Looking at the largest markets, the US and Europe, each registered a net asset growth of 4.5%. On a euro-denominated basis, worldwide equity fund assets increased by 10% to 25.8trn at the end of Q1 2...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes