Better US outlook shapes global fund flows
US productivity numbers and Fed chairman Ben BernankeÆs support of a stronger dollar improves sentiment for equities worldwide.
Emerging market and Japan equity funds extended their inflows last week while US equity, US bond, energy and commodities bonds also posted solid inflows due largely to an improved outlook for the US, according to EPFR Global. Based in Massachusetts, EPFR Global tracks around $10 trillion in assets in traditional and alternative funds worldwide.On top of the shift in sentiment regarding US prospects, last weekÆs data also ôreflects a degree of stability that we havenÆt seen in a whileö…
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