equity fund outflows equal those of 2008 crisis
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.
Fund Flows
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european ucits see outflows double in September
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.
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fund redemptions slow slightly in september
Long-term funds in Europe suffered redemptions of 46.2bn in September, as continued market volatility in the month sent investors running scared.
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investors show belief in asia
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.