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European fund flows return to health

Investors put their money back into the markets during the third quarter of this year, although equity funds remain unpopular

Investors put their money back into the markets during the third quarter of this year in response to the European Central Bank's moves to support the eurozone.

Investors put a net €51bn into long-term Ucits funds, which satisfy European Union rules for sale to retail investors, compared with €8bn in the second quarter, according to the European Fund and Asset Management Association, Efama, the representative association for the European investment management industry.

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