European equity funds return to positive territory in April - Morningstar

According to Morningstar data on European fund flows in April, the infrastructure and clean energy sectors, as well as global large-cap blend and equity income funds, were the primary beneficiaries. After the outflows in March, and despite growing concerns about the economy, rising inflation and the war in Ukraine, long-term funds domiciled in Europe attracted €8.2bn last month.  Fixed income funds took the biggest hit. With €2.7bn in net outflows, bond funds experienced their fourth consecutive negative month, with redemptions entirely attributable to active strategies. "Alternati...