Investor appetite for high yield bonds was maintained in August when €5.7 billion of inflows across different currencies were seen.
However, bond inflows overall were slightly down on July, according to Lipper, a data provider.
Long-term fund sales across asset classes in Europe – apart from money market funds – were up slightly to €18.5 billion in August from €15.5 billion in July.
The year-to-date inflows total for these funds reached over the €100 billion mark to €103.4 billion.
©2012 funds europe
