Morningstar: European assets decline in February as bonds suffer heavy outflows

By the end of the month, total assets in European open-ended funds and ETFs had fallen to €11.6trn - around €300bn less than the end of January, as an exodus from fixed income left its mark. Net inflows stood at €4bn, with equity funds making up the losses seen in bonds, attracting net €11.3bn. European fixed income funds suffered redemptions of €18bn. Refinitiv: Portfolios look exposed to inflation risk Valerio Baselli, senior editor at Morningstar, said: "Growing concerns on a monetary-policy tightening, inflationary pressure and the outbreak of war between Russia and Ukraine has...