The European Fund and Asset Management Association (EFAMA) published its Monthly Statistical Release for November 2025, showing that net inflows into UCITS and alternative investment funds (AIFs) remained positive but slowed from the previous month. Bond funds were the largest recipient of net inflows, while multi-asset funds attracted more net buying than equity-only funds. UCITS and AIFs recorded combined net inflows of EUR 67 billion, down from EUR 89 billion in October, with UCITS contributing EUR 62 billion (from EUR 84 billion). Long-term UCITS saw net inflows of EUR 48 billion (from EUR 60 billion), including EUR 24 billion into ETF UCITS (from EUR 41 billion). By category, equity funds took in EUR 8 billion (from EUR 12 billion), bond funds EUR 25 billion (from EUR 34 billion), multi-asset funds EUR 12 billion (up from EUR 9 billion), and UCITS money market funds EUR 14 billion (from EUR 23 billion). AIFs recorded net inflows of EUR 4.5 billion (from EUR 5 billion), while total net assets of UCITS and AIFs rose 0.3% to EUR 25.2 trillion.
European Fund and Asset Management Association 2026-01-23
European Fund and Asset Management Association reports EUR 67 billion net inflows into UCITS and AIFs in November 2025
The European Fund and Asset Management Association reported that net inflows into UCITS and alternative investment funds (AIFs) totaled EUR 67 billion in November 2025, down from EUR 89 billion in October. Bond funds led inflows, while multi-asset funds saw increased net buying compared to equity-only funds, with total net assets rising 0.3% to EUR 25.2 trillion.