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Strong Gains Swiss Fund Market

The Swiss Funds & Asset Management Association SFAMA issued the following media release:

Fund Market Statistics – July 2015

Strong gains once more on the Swiss fund market

Basel, 20 August 2015 – In July 2015, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Morningstar stood at some CHF 894 billion, an increase of around CHF 25 billion or 2.8% month-on-month. The net inflows totaled CHF 3.5 billion.

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News on UCITS

Sales of UCITS posted net outflows of EUR17 billion in June, compared to net inflows of EUR36 billion in May, according to the latest investment funds factsheet from the European Fund and Asset Management Association (EFAMA). 

This turnaround in net flows can be attributed to large net withdrawals from money market funds during the month.

Long-term UCITS (UCITS excluding money market funds) registered reduced net inflows of EUR18 billion, down from EUR51 billion in May.

Bond funds experienced a turnaround in net flows posting outflows of EUR7 billion, compared to net inflows of EUR9 billion in May.