Europe's Mutual Fund Industry Pulled In Net Inflows During November - Data

Tom Burroughes

22 December 2015

The European mutual fund industry logged net inflows of €2.3 billion into long-term mutual funds for November, taking estimated overall net sales of such funds to €322.7 billion since the start of January, according to Thomson Reuters Lipper.

Equity funds were the best-selling asset type, followed by alternative UCITS , mixed-asset funds , real estate funds and commodity funds .

Bond funds saw the highest net outflows. Money market products logged net inflows of €23.0 billion.

The fund markets with the highest net inflows for November were Ireland , France , Luxembourg , Germany , and the UK . Switzerland , Norway and Spain saw net outflows, figures showed.

BlackRock, with net sales of €5.5 billion, was the best-selling fund group for November overall, ahead of Goldman Sachs and Aviva .