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Funds
AMG reports strong flows into credit mutual funds
Friday, August 27, 2010
The week has seen strong inflows into credit mutual funds, according to AMG/Lipper, with $1.3 billion moving into high grade debt funds in the week ending Wednesday (25 August), a 0.4% rise. In percentage terms, however, the biggest increases came in emerging market debt (up $231 million or 1.5%) and in bank loan funds, which saw a 0.7% or $142 million rise. There was also a flow of $316 million into high yield bond funds, which represented a 0.3% weekly increase.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
