Posts from Sunday Dec 18 2011

FTfm on AV

Some highlights from Monday’s FTfm.

Slowdown in new fund launches
The European fund industry is running out of steam, with new fund launches dropping to their lowest level in nearly a decade. The decline reflects concerns about the eurozone crisis and the outlook for equities. A shift in bank policy also appears to have contributed to the slowdown with European banks pulling clients away from mutual funds and moving them into deposits. Read more