UCITS
glg to soft close european longshort ucits fund
GLG has outlined plans to soft close its Pierre Lagrange-led European Equity Alternative Fund, less than a year after it was first launched.
european investors redeem 100bn euros net in 2011
The trend of net monthly Ucits fund outflows amounting to billions of euros in the past calendar year lessened towards the end of 2011, with bond funds seeing net inflows in December for the first time since the summer.
ucits funds up in value despite outflows
Investors throughout Europe are still moving money out of Ucits funds although the rebound in stock markets during October saw assets overall rise in value.
european fund outflows continue
According to EFAMA’s latest monthly monitoring, fund managers across Europe are continuing to see net outflows of assets.
Strong equity fund sales drive Ucits growth
EFAMA figures show Ucits experienced net inflows of 21bn in April,compared to net outflows of 9bn