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Global equity funds see biggest inflow in 10 weeks -Lipper

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Reuters

(Reuters) – Global equity funds received large inflows in the week through Sept. 1 as dovish remarks from the Federal Reserve bolstered optimism in an economic rebound and eased fears of a sudden tapering in monetary stimulus. According to Lipper data, investors bought $19.19 billion in global equity funds in the week to Wednesday, which was the biggest weekly inflow since June 23. Fund flows into global equities bonds and money markets: https://tmsnrt.rs/3mVYj8Y At the Jackson Hole symposium, Federal Reserve Chair Jerome Powell allayed market fears of a fast withdrawal of pandemic-era stimulu…

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