What Panic? Global Equities Run Inflow Streak To 17 Weeks
Historically, August is a challenging month for equity flows. But here we are two weeks in and so far, so good.
Global equity funds took in nearly $12 billion over the latest weekly reporting period, EPFR's data showed.
The brings the MTD total to more than $21 billion. $21 billion of opportunistic dip-buying following a mini-panic to start the month.
Note from the chart that outflows are a rarity in 2024. This week's haul was the 17th in a row.
The breakdown for the latest week showed $5.