The European Fund and Asset Management Association published its European Quarterly Statistical Release for Q3 2025, showing stronger net inflows into European investment funds alongside a rise in total assets. Net assets of UCITS and AIFs increased 4.1% to EUR 24.52 trillion, while net inflows rose to EUR 275 billion, driven mainly by record quarterly net sales of bond funds. UCITS recorded EUR 252 billion of net inflows, while AIFs saw net outflows of EUR 23 billion. Long-term funds attracted EUR 236 billion, with bond funds posting record net inflows of EUR 111 billion (up from EUR 45 billion in Q2 2025), equity funds EUR 64 billion (from EUR 20 billion), and multi-asset funds EUR 26 billion (from EUR 12 billion). The release also reported UCITS ETF net inflows of EUR 90 billion over the quarter and noted that ETF net sales are on track for a new record in 2025. Under the Sustainable Finance Disclosure Regulation classification, Article 9 funds registered an eighth consecutive quarter of negative net sales with EUR 7.2 billion of outflows in Q3 2025, mainly from equity funds, while long-term Article 8 funds continued to see positive net inflows supported by bond funds; separately, European retail investors’ net acquisitions were EUR 77 billion in Q2 2025, led by Germany, France, Italy and Spain, each above EUR 10 billion.
European Fund and Asset Management Association 2025-12-02
European Fund and Asset Management Association reports record EUR 111bn bond fund inflows as UCITS and AIF assets rise to EUR 24.52tn in Q3 2025
The European Fund and Asset Management Association's Q3 2025 report highlights a 4.1% increase in net assets of UCITS and AIFs to EUR 24.52 trillion, with net inflows reaching EUR 275 billion, driven by record bond fund sales. UCITS saw EUR 252 billion in net inflows, while AIFs experienced EUR 23 billion in outflows. Article 9 funds faced EUR 7.2 billion in outflows, contrasting with positive inflows for long-term Article 8 funds, especially in bond funds.