Republished from: “Institutional Asset Management”
Asset classes promising better than average returns attracted strong inflows during the final week of January with flows into EPFR Global-tracked Emerging Market Equity Funds hitting a 43 week high, Municipal Bond Funds enjoying their best week in over five years and High Yield Bond Funds taking in another USD2.7 billion. Money Market Funds, whose seven day yield remains stuck around 0.02%, posted their biggest outflow since early August.
“Flows have again proved a good …