The turbulent markets in May did not spare Switzerland as fund volumes in the nation’s investment funds fell by $14.023bn (CHF11.8bn) to $776.42bn (CHF653.6bn). or 1.8% compared to the previous month. Net inflows into the Swiss funds during the period amounted to $1.041bn (CHF 876.2m)

In a statement, the Swiss Funds Association attributed the loss to "th