Italian funds snatch record €24bn debt securities in September
Mixed funds’ holdings jump by half as bond-only funds tick up 2%
Italian investment funds acquired €24 billion ($25.2 billion) of debt securities in September – a monthly increase of 14.4% – that brought the country’s total to a record high of €191.2 billion.
The surge was not only the largest in a single month for Italy going back to 2008, but also the largest proportional increase in debt securities of any country with more than €10 billion since January 2012.
The rise contributed to year-on-year growth of 40.6%. This continued a general upward trend over
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