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Fund flows stabilise

Fund flows into US mutual funds have stabilised following the unwinding of the year 2000 liquidity bubble, according to Credit Suisse First Boston (CSFB).

The latest Investment Company Institute data suggested that net inflows in July were $15.7bn (€17.6bn). More up to date, but less comprehensive, data from Trim Tabs suggested that net inflows in August were $13.7bn.

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