November was the worst month for European equity funds in terms of flows since July last year, taking in only €18bn, according to data from Morningstar. Net inflows to long-term funds overall stood at €51.4bn at the end of November, which was €15bn less than October, according to the firm's analysis of open-end funds and ETFs domiciled in Europe. This was primarily due to a decreasing demand for UK and European large-cap equities. However, flows toward bond funds rose noticeably compare...
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