Developed Europe-focused funds report positive gains
Developed Europe-focused funds were up 3.06% in 2013 to the end of February and 6.78% in 2012. This was slightly better than the performance gains seen across the aggregate industry, 2.49% and 6.65%, respectively.
Total assets in funds dedicated to Europe were $189.5 billion at the end of February 2013, $150.9 billion of which is in funds focused either broadly or purely outside of emerging Europe. Investor flows have been persistently negative