Global investors sold $67 billion in money market funds in the week, while the bond funds had an inflow of $6.6 billion, according to the data.
(GRAPHIC: Weekly flows into global assets – https://fingfx.thomsonreuters.com/gfx/mkt/jbyvrbxrlve/weekly%20global%20flows%20into%20assets.jpg)
Equity funds also attracted $2.3 billion, after seeing a meagre inflow of $334 million the previous week, the data showed.
An analysis of 12,745 equity funds, based on Lipper’s sector classification, showed technology funds attracted inflows of $2.9 billion, followed by $1.3 billion in industrials and $820 million in healthcare.
(GRAPHIC: Weekly flows into sectors – https://fingfx.thomsonreuters.com/gfx/mkt/azgpoyjrwpd/weekly%20flows%20into%20sectors.jpg)
The data also showed developed-market equity funds faced an outflow of $12.1 billion in the week, while emerging-market equity funds saw an inflow of $4.6 billion.
(GRAPHIC: Weekly flows into EM – https://fingfx.thomsonreuters.com/gfx/mkt/ygdvzjnqxvw/weekly%20flows%20into%20EM.jpg)
Source: Economy - investing.com
