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Flow records for Equity Funds tumble again in mid-March
The first quarter of 2021 has been a bumpy one for fixed income investors as they weigh the consequences of US borrowing on a massive scale to fuel an economic rebound already well underway. But equity investors seem increasingly comfortable living in the moment, buying into an asset class that – especially in the US – seems destined to soar higher on the wings of both monetary and fiscal stimulus. EPFR-tracked Equity Funds, coming off a record-setting month in February, set another weekly mark in mid-March.