The European Fund and Asset Management Association (EFAMA) has published its latest International Statistical Release, which describes the developments in the worldwide investment fund industry during the second quarter of 2016.
The main developments in Q2 2016 can be summarized as follows:
- Investment fund assets worldwide increased by 4 percent in the second quarter of 2016. In U.S. dollar terms, worldwide investment fund assets increased by 1.4 percent to stand at USD 42.3 trillion at end Q2 2016.
- Worldwide net cash inflows increased to EUR 206 billion, up from EUR 154 billion in the first quarter of 2016.
- Long-term funds (all funds excluding money market funds) recorded net inflows of EUR 217 billion, compared to EUR 192 billion in the first quarter of 2016.
- Equity funds recorded net outflows of EUR 17 billion, against net inflows of EUR 50 billion in the previous quarter.
- Bond funds posted net inflows of EUR 130 billion, up from net inflows of EUR 72 billion in the first quarter of 2016.
- Balanced/mixed funds registered net inflows of EUR 58 billion, up from net inflows of EUR 35 billion in the previous quarter.
Money market funds continued to register net outflows in Q2 2016 (EUR 11 billion), compared to net outflows of EUR 38 billion in Q1 2016.
At the end of the second quarter of the year, assets of equity funds represented 39 percent and bond funds represented 22 percent of all investment fund assets worldwide. Of the remaining assets, money market funds represented 12 percent and the asset share of balanced/mixed funds was 18 percent.
The market share of the ten largest countries/regions in the world market were the United States (47.1%), Europe (33.8%), Australia (3.8%), Brazil (3.6%), Japan (3.5%), Canada (3.1%), China (2.7%), Rep. of Korea (0.9%), South Africa (0.4%) and India (0.4%).