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Fund flows tumble as emerging markets hit

Net inflows into equity funds in the first six months of this year are less than 40% of the levels over the same period last year, amid investment jitters in some emerging markets.

Equity funds tracked by EPFR Global, a firm providing global fund flows and allocations data, received $19bn (€14bn) in new money in the first half of this year, just 39% of last year's inflows of $48.8bn.

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