Flows into equity funds totaled $13.4 billion in the latest week, making it the strongest inflow into equities in twelve weeks, according to Bank of America Merrill Lynch.
The week's inflows represented a .2 percent rise in total Assets Under Management (AUM), bringing the total value of AUM to even year-to-date.
The influx, which included "mom and pop" investors, suggests a rise in risk-appetite.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
