Long-term Ucits saw record net sales despite a broader slowdown in inflows, according to data from the European Fund and Asset Management Association (Efama), the voice of the European investment management industry.
Ucits and Alternative investment funds (AIFs) recorded net inflows of €143 b, down from €168b recorded in January 2026.
Ucits recorded net inflows of €136b, down from €151b in the previous month.
Long-term Ucits (excluding money market funds) saw net inflows of 117 billion euros, up from €101b in January. Of these, ETF Ucits attracted €49b in net inflows, unchanged from the previous month.
Equity funds led the gains with €61 billion, up from €46b in January 2026. Bond funds recorded net inflows of €36b, while multi-asset funds attracted €17b compared to €13b in January.
Ucits sales hit January record
Ucits money market funds lost €19b, down from €49b in January 2026. AIFs recorded net inflows of €6b, down from €17b in January 2026.
Total net assets of Ucits and AIFs increased by 2.1% to €26.3 trillion.
Thomas Tilley, deputy director of research and senior economist at Efama, said: “In February, net sales of long-term Ucits reached a new record, largely driven by strong performances in European and Asian equity markets. However, this momentum is likely to fully reverse in March, as the outbreak of the Iran war and the resulting disruptions to global energy supplies and trade routes weigh heavily on investor sentiment and could result in net outflows.”
