News

Funds flow slows

Monday 28th of April 2003
According to FundSource the industry recorded net funds flow of -$247.8m for the three months to March 31, four and a half times any outflow prior to the last quarter last year.

The story is similar to previous quarters in recent years with large flows coming into bank run mortgage funds and large outflows out of diversified funds.

The biggest net out...

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