Global fund assets drop despite rise in net cashflow

Jan 27, 2011

Money poured into long-term bond funds in the US and Europe in the third quarter of 2010, yet the overall asset figure slid 0.6% on the back of a €24 billion equities outflow in the US.

Investment fund assets worldwide saw a marginal quarter-on-quarter fall to September 30 last year, despite an increase in overall net cashflow in particular into long-term bond products, new figures show.

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