EUROPE - Investments into long term UCITS excluding money market funds surged in the first quarter of 2010 to €87bn (US$106.1bn) in net inflows, the first time such levels had been reached since Q1 2006, according to new figures from the European Fund and Asset Management Association (EFAMA).
Investor confidence translated into increased demand for bond, equity and balanced funds. Biggest gainers over the three months were equity funds which saw assets swell by €123bn, but bond and b...
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