Swiss investors switch into bonds, equities-Lipper

Mon Jul 13, 2009 11:26am EDT
 
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ZURICH, July 13 (Reuters) - Swiss investors switched out of money market funds into riskier assets like bonds and equities in June, Lipper data showed.

There were inflows of 1.4 billion Swiss francs ($1.3 billion) into bonds and 1.1 billion into equities, outweighing outflows of 2.0 billion from money market funds, the data showed.

Total assets under management in Swiss-registered investment funds edged up slightly in June to 564.2 billion francs from 558.6 billion in May. (Reporting by Sam Cage; Editing by Dan Lalor) ($1 = 1.088 Swiss francs)

 

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