Global Equity Inflows Strongest In Two Years Amid Rally

Equity-focused ETFs and mutual funds saw a seventh week of inflows amid what some describe (read: deride) as dangerously euphoric sentiment around risk assets. The $6.9 billion inflow over the latest weekly reporting period took the YTD total for global equity funds to $90.9 billion. Notably, US-focused funds actually saw redemptions on net, snapping a three-week streak of inflows that witnessed nearly $35 billion funneled into US shares. Japanese equities enjoyed another weekly influx, whi