European investors perform volte-face on money market funds

€116bn invested in European funds

clock • 1 min read
Money market funds lead European inflows in October
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Money market funds lead European inflows in October

European investors were in an increasingly risk-on mode in October as money market funds took over half of the total net inflows for the month, according to the latest data from Refintiv.

Money market funds were the best-selling asset type overall for October, attracting €67bn of the overall inflows for mutual funds and ETFs, marking an about turn on the sentiment seen in September...

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