Total European net sales year to date are already ahead of the corresponding figure for 2013 in total, according to Lipper.
Year to date, European mutual funds have received €252bn (£201bn) of net sales which is 34 per cent more than total net sales of €188bn for 2013.
This puts 2014 as having the highest net sales figure since 2006 when European mutual funds received €372bn in net sales.
Fixed income has been the most popular asset class this year overall with flows of €144bn.
The growing popularity of multi-asset investing has seen mixed-asset funds beating equity funds to second place with €62bn and €61bn of flows respectively.
Regarding this increase in the popularity of multi-asset funds, Lipper’s European Fund Market Review reads: “This represents increasing interest in the asset class, with the combined sum of European net sales in 2013 and 2014 looking to break previous records.
“Interest in commodities funds, which lack support from a rising US dollar, has been paltry at €53m YTD, continuing on from a poor 2013 (-€7bn).”