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German open funds 'fit for future' with ¤1.2bn 2011 inflows – BVI
08 February 2012, 10:40 PM
With 2011 net capital inflows of ¤1.2bn, German open-end property funds are the only such product that registered a plus, said federal investment funds association BVI. New legislation is driving out institutional investors but this is offset by inflows from private savers, and BVI said the product is 'fit for the future'.
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