Spain has enjoyed the fastest growth by a clear margin in net sales of funds of funds out of all the...
Spain has enjoyed the fastest growth by a clear margin in net sales of funds of funds out of all the European markets over the past three years, according to Feri Fund Market Information. Spain's net sales were well over twice the next biggest market for fund of funds sales, which was France. From the start of 2002 until the end of March 2005, the total net sales of funds of funds that invest in third-party funds in Spain reached E13.37bn. It was followed by France on E5.88bn, the UK (E4.79bn), Italy (E4.47bn), Germany (E3.46 billion), Belgium (E2.63bn) and Switzerland (E1.21bn). All the ...
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