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US Equities Return To Inflows While Money Market AUM Drops Second Week
The equities flows seesaw continued over the latest weekly reporting period.
US-stock focused ETFs and mutual funds reversed the prior week's outflows, taking in $17 billion following the March FOMC meeting.
In the lead-up to this month's Fed gathering, US equity funds saw heavy redemptions as $22 billion hit the exits, the most in over a year. That outflow came on the heels of the largest one-week inflow on record, a $56 billion influx.
With this week's haul, US equities have seen a net $7
