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Ucits investors turn cautious
08 September 2010
Ucits investors’ appetite for risk has suffered, causing assets in Ucits funds to drop by a half
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Ucits
EFAMA
Ucits investors’ appetite for risk has suffered as a result of the Greek crisis and other market concerns, causing assets in Ucits funds to drop by a half. Ucits saw net outflows of EUR28 billion in the second quarter of 2010, compared to net inflows of EUR 48 billion in the first quarter of 2010, according to data from the European Fund and Asset Management Association.
“Ucits had not experienced net outflows since the last quarter of 2008,” EFAMA...
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