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Record assets in UCITS and AIFs despite 2016 turbulence

01 March 2017

Money market funds saw sales rise by €29 billion, to €106 billion over the year

Read more: UCITS AIFs

Europe’s fund industry ended 2016 with a new record high of assets under management despite volatility and political shocks throughout the year.

For the first time ever, net assets of UCITS and Alternative Investment Funds (AIFs) climbed above the €14 trillion AUM mark according to the European...