Fund distributor Allfunds outflows grow in third quarter

Allfunds

20/10/2023 06:48

Oct 19 (Reuters) - Fund distribution firm Allfunds
 ALLFG.AS  on Friday reported bigger third quarter outflows,
saying global market volatility affected activities of some
existing clients.
    The Dutch-listed group posted net outflows of 5.9 billion
euros ($6.24 billion) on its platform from existing and new
clients, compared to 4.3 billion in the same period last year. 
($1 = 0.9455 euros)

 (Reporting by Nathan Vifflin and Lina Golovnya in Gdansk;
editing by Milla Nissi)
 ((lina.golovnya@thomsonreuters.com ;
nathan.vifflin@thomsonreuters.com))