Global long term investment funds gained €708 billion in net inflows during the second quarter of 2026, up from €668 billion in the previous quarter, according to data from the European Fund and Asset Management Association (Efama).
Worldwide investment fund assets rose 10% during the quarter to €89.7 trillion. In US dollar terms, assets increased 9% to $102.2 trillion, according to Efama, the voice of the European investment management industry.
The US led long term fund sales with €337 billion of net inflows, followed by Europe with €221 billion. Within Europe, Ireland attracted €133 billion and Luxembourg €49 billion.
Bond funds recorded €474 billion of global net inflows, up from €326 billion in the first quarter.
Equity fund inflows slowed to €124 billion from €179 billion in Q1 2026. The US recorded €124 billion of inflows, while Europe attracted €48 billion. China posted €110 billion of equity fund outflows, widening from €93 billion in Q1.
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Multi-asset funds attracted €47 billion globally, down from €74 billion. Europe received €58 billion of inflows, while the US saw €21 billion of outflows.
Global ETFs attracted €562 billion during the quarter, up from €494 billion in Q1. The US dominated with €467 billion of inflows, while Europe recorded €117 billion. China and Japan saw ETF outflows of €88 billion and €8 billion, respectively.
Worldwide money market fund inflows increased to €178 billion from €165 billion in the previous quarter, including €113 billion in the US and €43 billion in Europe.