investors throw in the towel for 2011
Investors have sold out and are waiting for the New Year to see “how the land lies”, according to latest fund flows from EPFR Global.
Investors have sold out and are waiting for the New Year to see “how the land lies”, according to latest fund flows from EPFR Global.
Outflows from both bond and equity funds eased significantly in October, compared to those experienced in a “summer of carnage”, according to latest data from Lipper FMI.
Equity funds saw their largest outflows since the height of the 2008 global financial crisis in October, according to the latest statistics from the IMA.
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.
Long-term funds in Europe suffered redemptions of 46.2bn in September, as continued market volatility in the month sent investors running scared.
Investors’ appetite for Asia’s future growth potential was undampened in the third quarter, with net inflows of $25bn into long-term mutual funds in the region over the period.