UCITS Continue to Shine with Another Monthly Increase in Net Assets
As of May 2024, the net global assets of Undertakings for Collective Investment in Transferable Securities (UCITS) reached €6,321.2 billion, with a net inflow of €44.6 billion compared to April 2024. Please note that this figure is a proxy for net inflows, as we do not have the impact of stock market movements on the net assets of mixed and equity UCITS.
Stable and Liquid Investments Drive Growth
The majority of investments are in bond funds, which offer stable returns and high liquidity. The net assets of these funds reached €5,439.6 billion, an increase of €35.6 billion in May. Since the beginning of the year, the net inflow has reached €533.2 billion, demonstrating the excellent attractiveness of these vehicles.
Mixed and Equity UCITS Performance
Compared to December 2023, mixed UCITS experienced a slight decline of -€0.2 billion, while equity UCITS appreciated by €0.9 billion.
Market Conditions Contribute to Success
The high returns and massive supply of papers on the market, including national loans, have contributed to this success. There are still good years ahead for bond UCITS, as interest rates will eventually decrease, and collective savings returns will continue to benefit from at least 4 years of investments made at high rates.
