Improving confidence sparks €128bn flow into UCITS

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EUROPE - Improving investor confidence sparked €143bn (US$213.1bn) of net inflows to European funds in the first eight months of 2009, with €128bn going into UCITS, research showed.

The European Fund and Asset Management Association (EFAMA) monthly factsheet - compiled using net fund product sales and/or asset data of 97% of Undertakings for Collective Investments in Transfera...

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