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Credit Suisse fund outflows widen to $5.6bn following UBS tie-up

Investors continue to pull money from Credit Suisse funds following its tie-up with UBS

By David Ricketts
Billions more has headed out the door as Ermotti faces uphill battle to bring asset management units together
Billions more has headed out the door as Ermotti faces uphill battle to bring asset management units together Photo: Fabrice Coffrini/Getty Images

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Outflows from Credit Suisse branded investment funds have accelerated in the weeks since its historic merger with Swiss rival UBS, as investors continue to redeem billions of dollars.

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