Germany's open-ended property funds recorded net capital inflows of EUR 65 mln in November 2009, a sharp turnaround from the EUR 660 mln in net outflows registered the previous month, new figures from German fund industry body BVI show.
Germany's open-ended property funds recorded net capital inflows of EUR 65 mln in November 2009, a sharp turnaround from the EUR 660 mln in net outflows registered the previous month, new figures from German fund industry body BVI show.
In November 2008, Germany's 45 open-ended funds saw net outflows of EUR 721 mln. The funds had total equity of EUR 87 bn at end-November 2009, compared with EUR 84 bn a year earlier.