The European Fund and Asset Management Association (EFAMA) released its latest Quarterly Statistical Release which reports on the trends in the European investment fund industry.
Investment fund assets worldwide increased 5.8 percent to Euro 14.4 trillion at the end of the third quarter of 2005. Net cash flow to all funds worldwide was a robust Euro 250 billion in the third quarter of 2005, compared with Euro 132 billion in the second quarter. Third-quarter inflows to long-term funds were more than 50 percent higher than in the second quarter. Money market fund flows swung strongly into positive territory with a Euro 49 billion inflow worldwide, mainly resulting from inflows in the United States.
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© EFAMA - European Fund and Asset Management Association
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