European Monthly Insights - June 2020
/Assets Under Management in the European fund industry increased to €9.9 trillion in June 2020. This brings European AUM just 7% below the record high following the Covid-related decrease.
Net Sales were €56.5 billion in June 2020; an €11 billion increase from the previous month.
Fixed Income was the best selling asset class at €29 billion, followed by Equity and Mixed Asset with net sales inflows of €16 billion and €14 billion, respectively.
Active managed funds experienced net sales of €41 billion, passive fund net flows were €3 billion and ETFs saw net sales of €13 billion.
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