Spanish fund industry sees positive July inflows but H1 losses climb to €314m

Investment funds in Spain have grown by €2.06bn in July to €270.55bn in assets under management, 5.1% up against the December 2018's figure. Both global equity and fixed income were the investment categories leading the growth in the month, with €3.57bn and €2.66bn more respectively, according to Inverco's monthly report. Conversely, global funds and mixed fixed income strategies lost €3.05 and €1.40 respectively in July. Fixed income, global equity, and mixed equity funds increased the...