Demand for long-term European-domiciled funds continued to slow in September as inflows dropped to €57.6bn for the month.
Data from Morningstar shows this is a €4bn decrease from August, and almost €14bn less compared to July. Weakened demand for equity and allocation funds led the ongoing slowdown, while outflows from various commodity products also played a part. Companies ignoring gender diversity in net zero considerations It was the worst month for the equity spectrum since July 2020, according to the report. The asset class pulled in €18.9bn. "Among the detractors, eurozone large-cap equity and China equity funds were very much unloved during the month," Morningstar stated. Separately, the...
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