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Fund flows take a hit

Friday 2nd of November 2007
The research house says that in the quarter net outflows totalled $633.9 million, compared to net outflows of $162.6 million in the previous quarter and net inflows of $89.7 million in the March quarter.

Also of significance, net retail funds under management for New Zealand based fund managers declined 3.5% over the September quarter, losing $739.0 million. This is the largest percentage dec...

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