Institutional assets falling, says survey

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EUROPE - Nearly double the number of institutional investors in Benelux, France, Germany and Italy felt a reduction in assets under management in 2000, compared to 1999, according to fund manager Invesco's 2001 European Institutional Asset Management Survey (EIAMS).

Based on financial results to the end of 2000, only 38% of the 125 institutions surveyed reported an increase in assets under management during the year 2000, compared to 65% in 1999. The 125 firms...

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