Money Market Funds See Biggest Inflows in 3 Months Amid Growth Concerns
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Global money market funds saw biggest weekly inflows in 3 months ($57.38 billion) as investors sought safer assets amid growth concerns.
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U.S., European and Asian money market funds attracted $32.18 billion, $20.75 billion and $1.64 billion inflows respectively.
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Global equity funds saw smaller outflows of $2.45 billion compared to prior weeks.
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Global bond funds attracted $9.24 billion in inflows, biggest in 9 weeks.
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Emerging market equity funds saw outflows for 4th straight week ($1.81 billion); bond funds saw $271 million outflows.