Posted June 16, 2014 11:49 pm by Comments

Citywire reports that the latest Lipper Fund Flash report shows European fund flows into long-terms funds topped €49 billion in April with emerging markets funds back on investors’ buy list.

Specifically, inflows into the European funds industry rose in April by over €14 billion compared with March’s results, which hit €35.8 billion. Of the €49 billion of inflows in April, half were gathered by bond funds (€24.1 billion), followed by equity funds with €12 billion and mixed asset funds with €11 billion.

And while asset allocation funds were once again the best selling asset-class in April (€6.7 billion), the big reversal in fortune was in emerging market funds, with emerging market debt products registering €3.8 billion worth of inflows and emerging market equity funds seeing €2.6 billion after suffering sustained outflows over the past few months.

To read the whole article, Emerging markets back in favour among European investors, go to the website of Citywire Global.

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