Credit: this story was first seen on Funds Europe.
Throughout July 2019, inflows into mutual funds accelerated in Europe. “July was the fifth consecutive month of net positive flows for long-term mutual funds which saw a total of €81.5 billion of new investor money, according to the latest figures from Refinitiv.”
“In terms of domiciles, Ireland saw the highest net inflows in Europe (€43.3 billion), followed by France (€19.2 billion) driven by flows into money market products.
Luxembourg came next with €13.3 billion of inflows, then Switzerland with €3.1 billion, and the UK which saw €1.1 billion of new investor cash.”