This Italian bank, headquartered in Brescia, is cashing in on Italian retail investors' hearty appetite for mutual funds.
In 1999, Schwab investors had a diminished appetite for buying mutual funds.
For instance, they bought nearly ¥13 trillion of investment trusts (Japanese forms of mutual funds) last year, and their appetite for foreign securities is growing.
While investors' appetite for stock mutual funds has abated from its record highs in February, when it averaged $10 billion a week, it remains strong, according to AMG Data Services of Arcata, Calif.
All that leaves American shares looking off-puttingly expensive, with valuations around 40-50% above the long-term average (see article).As yet, however, the excesses are not on the scale of the last two bull markets; indeed, the American public is only just regaining its appetite for equity mutual funds.
Seeking to untangle the paradoxical relationship between the shy, fragile pianist and the passionate sexual outlaw and novelist George Sand, Eisler's biography underscores Chopin's illness and Sand's nursing skills, and sees a mutual attraction arising from their voracious appetite for work.
Seeking to untangle the paradoxical relationship between the shy, fragile pianist and the passionate sexual outlaw and novelist George Sand, Eisler's book underscores Chopin's illness and Sand's nursing skills, and sees a mutual attraction arising from their voracious appetite for work.
And investors have been pouring money into junk bond mutual funds at twice the pace of a year ago, reflecting appetite for this high-yielding but risky debt.
Across Europe as a whole, about $200 billion has been withdrawn from mutual funds in the past 12 months.Indeed, continental European savers' appetite for equities never recovered from the bursting of the dotcom bubble.
Still, investors have already shown an appetite for new twists on the decades-old format of mutual funds.
