The European Federation of Investment Funds and Companies (FEFSI) released its latest report on the trends in the European investment fund industry in the fourth quarter of 2002.
The main highlights of the report are:
Total investment funds assets rose by 0.7% during the fourth quarter of 2002 to EUR 4,261 billion. The overall result for 2002 was a 6.2% decline in total assets -- a development triggered by the overall equity market decline.
The observation of investment fund flows indicates that investor demand for UCITS continued to be sustained in 2002 despite the nerve-racking financial environment.
Eleven European countries managed to get out of 2002 positive growth thanks to the strong performance of their bond funds and/or money market funds.
FEFSI report
Power point presentation
© FEFSI
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article