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Managed funds outflows easing
Friday 3rd of February 2006
It says net outflows for the quarter totalled $51.32 million, substantially less than the outflows of $193.9 million recorded in the previous quarter. As this is the eighth consecutive quarter showing net outflows, any reduction in the rate of outflows is positive, but such a substantial drop is even more pleasing. For the 2005 calendar year outflows totalled $647.54m, only slightly greater t...
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