News

Unit trusts the winner

Monday 27th of April 1998
Strong market returns in the past quarter have helped put a healthy sheen on funds flow figures.
According to FPG Research $789 million was added to the total retail managed funds business in the three months to March 31, however just $4.8 million of that was new investment.
The balance was provided by capital growth provided by buoyant global markets.
Overall unit trusts were the only...
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