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Bond funds saw new inflows in 2Q 2011: HSBC Fund Managers Survey

HSBC’s latest ‘Fund Manager’s Survey’ tracking global money flows indicates that aggregated funds under management of managers in the survey reached US$4.4 trillion at the end of 2Q11. Bond funds continued to see net inflows in 2Q11 on the search for yield. Equity funds recorded net fund outflows again due to the heightened uncertainty in sovereign debt issues and the…

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