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The European mutual funds industry enjoyed overall net inflows of EUR38.1bn into long-term mutual funds for June 2014, which drove up the net inflows for the first half of 2014 to EUR 244.1bn. The net inflows for June were driven mainly by flows into bond funds (+EUR 19.2bn), followed by mixed-asset funds (+EUR 12.1bn) and equity products (+ EUR6.0bn).
Also, property products (+EUR 0.8bn) as well as alternative/hedge funds (+EUR 0.5bn) saw net inflows, while commodity funds (-EUR 0.001bn) and funds from the other peer group (-EUR 0.5bn) faced outflows. In addition to the long-term mutual funds, enhanced money market products enjoyed net inflows of EUR 0.3bn, while money market funds themselves faced net outflows of EUR 10.9bn for June. Despite these outflows, money...
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