Euro area investment fund statistics: fourth quarter of 2022

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  • In fourth quarter of 2022, outstanding amount of  other than money market funds rose to €14,527 billion, up €28 billion on previous quarter
  •  in quarter amounted to €109 billion, with €1,086 billion in gross issues and €1,195 billion in gross redemptions
  • Outstanding amount of  rose to €1,486 billion, up €118 billion on previous quarter

In the fourth quarter of 2022, the outstanding amount of  other than money market funds stood at €14,527 billion, €28 billion higher than in the third quarter (see Chart 1). Net redemptions during this period were €109 billion, with gross issues amounting to €1,086 billion and gross redemptions to €1,195 billion (see Chart 2). The annual growth rate of shares/units issued by investment funds other than money market funds, calculated on the basis of transactions, was -1.4% in the fourth quarter of 2022.

In terms of the , net redemptions of shares/units by equity funds amounted to €109 billion in the fourth quarter of 2022 (see Chart 3). For mixed funds net issues amounted to €8 billion, while net redemptions by bond funds amounted to €1 billion and net redemptions by real estate, hedge and other funds amounted to €7 billion.

 (ETFs), which are a separate category within total investment funds (see annex below), recorded net issues of €29 billion in the fourth quarter of 2022. The outstanding amount of shares/units issued by ETFs stood at €1,231 billion.
Within the assets of investment funds other than money market funds, net sales of  amounted to €134 billion in the fourth quarter of 2022 (see Chart 4). Net purchases of  were €61 billion and net purchases of  were €9 billion.

ǰ the outstanding amount was €118 billion higher than in the third quarter. This increase was accounted for by €163 billion in net issuance of shares/units and -€45 billion in other changes (including price changes). The annual growth rate of shares/units issued by money market funds, calculated on the basis of transactions, was 1.1% in the fourth quarter of 2022.
Within the assets of money market funds, the annual growth rate of  holdings was -4.4% in the fourth quarter of 2022, with overall net purchases amounting to €160 billion, which reflected net purchases of €99 billion in debt securities issued by non-euro area residents and net purchases of €61 billion in debt securities issued by euro area residents. ǰ claims, the annual growth rate was 19.6% and transactions during the fourth quarter of 2022 amounted to €7 billion.

 

ecb.europa.eu

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