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German open ended funds

Vehicles start the year with an intake of €1bn, up from December 2012’s -€143m loss

German open-ended funds took in €1bn in January, an increase from December 2012’s loss of -€143m.

Deka’s Deka-ImmobilienEuropa vehicle was the month’s biggest gainer, bringing in €396.3m.

UBS KAG’s UBS (D) Euroinvest Immobilien posted the month’s biggest loss, with a result of -€2.703m.

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