Global fund flows respond to ObamaÆs victory
Inflows in the week of Barack ObamaÆs election are the most positive since the end of July.
The week that ended with Barack Obama as president-elect of the US saw most fund groups experience a sharp jump in the value of their portfolios and a modest, but appreciable, shift in the willingness of investors to commit money, says EPFR Global. Based in Massachusetts, EPFR Global tracks around $10 trillion in assets in traditional and alternative funds worldwide.Overall, 11 of the 24 major equity, fixed-income and sector fund groups tracked by EPFR Global posted net inflows last w…
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