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Bonds and mixed assets lead fund sales

by Funds Global MENA
11 November 2013
Analytics
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Bond and mixed asset funds outpaced equity fund flows in Europe for the year-to-date at the end of September,a period that has seen €150 billion of total net inflows, according to figures from Lipper.

Bond funds saw €91.6 billion of inflows, mixed-asset funds saw €65.8 billion and equity funds saw €54.8 billion.

In September, equity funds attracted net inflows of €10.3 billion, while mixed-asset saw inflows of €3 billion and bond funds saw slight outflows of €42 million.

Spain and Italy were the second and third, respectively, largest markets by estimated net sales in September. International funds topped the league.

Money market funds saw outflows of €22.7 billion.

©2013 funds europe

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