Open property funds are continuing to benefit from investors’ increasing uncertainty. Credit Suisse Asset Management (CSAM) Germany has now registered a record influx of ¬1.1bn into its CS Euroreal fund in the first half of 2002.
This more than compensates withdrawals from other funds. Ranked by the amount of funds bought in Germany CSAM is in fourth place behind Templeton, Fidelity and J.P. Morgan Chase.
Frankfurter Allgemeine Zeitung, 23 August 2002, p22
