Inflows to equity funds sold under the Ucits banner increased slightly in October over the already positive flows in September.
The funds saw net inflows of €17 billion, up from €14 billion in the month before, according to the European Fund and Asset Management Association.
Bond funds registered net outflows of €1 billion, compared to net outflows of €9 billion a month earlier
Net sales of balanced funds amounted to €8 billion, compared to €5 billion in September.
Long-term Ucits, which excludes money market funds, registered a rise in net inflows to €27 billion, up from €9 billion in September.
Money market funds, meanwhile, registered reduced net outflows in October of €5 billion, down from €24 billion in September.
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