Over 300 funds managed by the Swiss bank had an estimated net inflow of $14 million reported on March 13. But by March 14 the net total amount of money taken out and flowing into these funds was negative by $205 million, said the data provider.
Data after March 15 was yet to be collected and not all of Credit Suisse funds report daily, Morningstar said. The data included open-end funds and exchange traded products, it said.
Credit Suisse clinched an emergency central bank
loan of up to $54 billion to shore up its liquidity this week
and its shares have tanked.
(Reporting by Nell Mackenzie; editing by Dhara Ranasinghe)
