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Research: Europe Seeing Large Withdrawals from Its Equity Funds

Quotes from Societe Generale Cross Asset Research:

-Compared with the rest of the world, Europe is seeing large withdrawals from its equity funds (-$8.3bn in April after -$3.1bn in March), with a clear reallocation to money market funds which saw inflows of $18.3bn in April.

-Within European equities, a new trend is emerging with the apparent tailing off of outflows from French equities, inflows into Spanish equities and strong outflows from UK and German equities.

Published: 2012-05-11 09:03:00 UTC+00

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Jun 18 at 4:59 UTC