The European Fund and Asset Management Association (EFAMA) has today published its latest Quarterly Statistical Release describing the trends in the European investment fund industry in the first quarter of 2017.

UCITS registered net sales of EUR 202 billion, a sharp increase with respect to the previous quarter, driven by strong net sales of UCITS bond, money market and multi-asset funds.

Net assets of UCITS increased 5.2% in Q1 2017 to EUR 9,112 billion.