Mixed signals from UCITS' investors

"On the one hand, UCITS saw reduced net outflows, as expectations of a conclusive plan to resolve the sovereign debt crisis provided some hope to investors. On the other hand, net withdrawals remained at a high level with all categories affected, as uncertainty lingered and the economic outlook deteriorated," sayis Delbecque.   The data based on October statistics is drawn from 23 associations representing more than 97% of total UCITS and non-UCITS assets at the end of the month. The main developments showed that  UCITS continued to register net outflows, reflecting exits from long-term U...