Mutual funds will grow at the expense of hedge funds, a new report claims.
In spite of net redemptions for European mutual funds expected to be not far off €100bn (£81bn, $127bn) for 2008, it is not all doom and gloom for the retail market.
By Baptiste Aboulian
Published: October 26 2008 21:32 | Last updated: October 26 2008 21:32
Mutual funds will grow at the expense of hedge funds, a new report claims.
In spite of net redemptions for European mutual funds expected to be not far off €100bn (£81bn, $127bn) for 2008, it is not all doom and gloom for the retail market.