Equity funds worldwide post new record inflows
Data from EPFR Global shows an increased appetite for diversified and developed markets.
Inflows into equity funds hit a one-year high for the second week running as investors continued pulling cash out of money market funds and putting it back to work, according to EPFR Global, which tracks more than $10 trillion in funds worldwide. In doing so, the data provider says investors showed an increased appetite for diversified exposure and for exposure to developed rather than emerging markets.
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