EUROPE - The investment fund market in Europe grew by 7.2% in the third quarter and had €6.8trn (US$10.3trn) under management at the end of September, the latest quarterly data by the European Fund and Asset Management Association (EFAMA) revealed.
Since the end of 2008, the European investment fund industry saw its assets rise by 12.4%, or €752bn. UCITS funds saw €70bn of net inflows in the third quarter, up from €30bn in the second one. ...
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