EFAMA hails 'resilient' UCITS through early phase of crisis

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The European Fund and Asset Management Association (EFAMA), today published its first Market Insights report along with its Investment Fund Industry Fact Sheet for March 2020.  The covid-19 pandemic significantly impacted financial markets. Stock markets across the world suffered a steep decline driven by lower economic growth and corporate profits. As anticipated, the crisis caused substantial net outflows from UCITS in March (€313bn). However, as a percentage of net assets, these outflows were no higher than in October 2008, at the height of the global financial crisis (2.9%).  D...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.