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In
dollar terms, worldwide investment fund assets dropped 5.7
percent to stand at $39.1 trillion at end-September 2015, it
added.
Worldwide net inflows also fell in the third quarter to 230
billion euros, down from 596 billion euros in the second quarter
of 2015, due to a sharp fall in net inflows into long-term
funds, the association said.
Markets were roiled in late 2015 by concerns around global
growth, particularly in China, and stocks have been particularly
hard hit at the start of the new year.
(Reporting by Jane Merriman; editing by Simon Jessop)
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