GLOBAL - Worldwide investment fund assets increased 5.4% to €14.39trn (US$21.2trn) at the end of the second quarter of 2009 due to strong inflows, data from the European Fund and Asset Management Association revealed.
Net cash flow to all funds was €84bn in the second quarter, up from €46bn in the first quarter. Net inflows to long-term funds - all funds excluding money market funds - were €240bn in the secon...
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