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2024 Stock Inflows Near Half-Trillion. MMF AUM Swells Further
On the heels of a near $65 billion two-week bonanza, inflows to global equity funds decelerated sharply over the latest weekly reporting period.
Stock-focused ETFs and mutual funds took in $5 billion, bringing the YTD net running sum to $457 billion -- so, let's call it half a trillion.
As the figure below reminds you, buyers were back with a vengeance in and around the September FOMC meeting, as investors poured money into equities for two weeks straight after a modest net redemption earlier
