European Fund and Asset Management Association reports EUR 100 billion April fund inflows as UCITS rebound

The European Fund and Asset Management Association has published its monthly statistical release for April 2026, showing that combined UCITS and AIF flows turned sharply positive after March’s market turbulence. UCITS and AIFs together recorded net inflows of EUR 100 billion, compared with net outflows of EUR 38 billion in March, while total net assets rose 3.7% to EUR 26.3 trillion. The turnaround was driven by UCITS, which posted EUR 104 billion of net inflows after EUR 41 billion of net outflows in the previous month. Long-term UCITS excluding money market funds attracted EUR 70 billion, including EUR 38 billion into ETF UCITS, up from EUR 14 billion in March. Equity funds moved to EUR 28 billion of net inflows from EUR 11 billion of net outflows, bond funds to EUR 23 billion from EUR 15 billion of outflows, and multi-asset funds to EUR 13 billion from EUR 2 billion of outflows. UCITS money market funds also reversed course, posting EUR 34 billion of net inflows after EUR 17 billion of net outflows. In contrast, AIFs recorded net outflows of EUR 4 billion, compared with net inflows of EUR 3 billion in March. EFAMA attributed the UCITS rebound to improved investor sentiment following a mid-month ceasefire in the Middle East and a strong recovery in equity markets.