Shayne Heffernan on Investments
Global Stock Funds See Biggest Inflows in 3 Wks
By Paul Ebeling1 min read
#money #stock #funds
"Global stock funds received a net $10.3-B in the week ended 16 June compared with about $13-B outflows in the prior wk, data from Refinitiv Lipper showed" -- Paul Ebeling
Investment flows into global stock funds jumped to the highest in 3 wks in the wk ended 16 June, as investors shrugged off inflation worries and focused on the improving global economic outlook.
European equity funds led inflows, luring $8.6-B, while US equity funds and Asian equity funds had net purchases worth $0.4-B and $1.2-B, respectively.
Have a happy healthy weekend, Keep the Faith!
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