Flows into equity funds totaled $13.4 billion in the latest week, making it the strongest inflow into equities in twelve weeks, according to Bank of America Merrill Lynch.
The week's inflows represented a .2 percent rise in total Assets Under Management (AUM), bringing the total value of AUM to even year-to-date.
The influx, which included "mom and pop" investors, suggests a rise in risk-appetite.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
