EUROPE: EFAMA Publishes International Fund Industry Trends for Q2 2008

Tuesday October 28 2008

The European Fund and Asset Management Association (EFAMA) has today published its Trends in the International Fund Industry for Q2 2008.

The statistics highlight the following:

* Investment fund assets worldwide have suffered a 0.4% decrease over the quarter. Investment fund assets remained almost unchanged in the United States, while assets slightly decreased in Europe.

* Net cash flow to all funds worldwide totalled EUR 18 billion in the second quarter of 2008, down from EUR 285 billion in the first quarter of 2008.

* 42% of all investment fund assets worldwide were assets of equity funds by the end of June 2008.

* At the end of June 2008 taking into account non-UCITS, the market share of Europe in the world market reached 40%, and that of the United States 42.6%.Excluding non-UCITS, the share of Europe and the United States reached 33.5% and 47.3%, respectively.

Please click on the above link for EFAMA’s detailed report.

Please click on the below link: http://www.efama.org/images/stories/q2_2008_supplementary_tables_s1-s7.pdf` for EFAMA’s supplementary tables