Double digit growth forecast for Euro investments

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EUROPE - The European investment fund industry is likely to continue experiencing growth above 10 percent over the medium term, according to the European Fund and Asset Management Association (EFAMA).

“Almost half of the total net sales in 2004 came from Europe,” said EFAMA president Stefan Bichsel, speaking after the publication of the new EFAMA Fact Book 2005, which includes reports on the in...

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