Tech Funds On Track For Record Inflows Amid AI Frenzy
For what it's worth, US equity-focused ETFs and mutual funds recouped a meaningful portion of the largest outflow since September over the latest weekly reporting period.
The net $11 billion haul counted as the largest inflow of 2024 for US equity funds and was enough to push net flows for the year back into positive territory.
US-dedicated funds were the lion's share of a net $16.1 billion inflow to equities globally.
Over the same stretch, emerging market equity funds extended a lengthy s