Equity funds witnessed dramatic inflows of $2.76 billion in September against an outflow of $24.45 billion last year. Tobias Levkovich and team at Citi in their recent US Equity Strategy report point out September witnessed enhanced inflow of $7.14 billion from international equity funds, while domestic equity funds saw outflows of $4.38 billion. Foreign funds posted strong inflows Citi analysts point out so far in 2013, total equity funds witnessed cumulative inflows of $113.60 billion. The strong inflows were aided by aggregated international flows of $100.83 billion year-to-date. The following table highlights the flows into traditional mutual funds: As is…
International Equity Funds Inflows Soar, Domestic Experience Outflows
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports