Although inflows appear to be slowing in March, and with February’s performance added to the record pace of $60 billion in January, Strategic Insight (SI) said in a news release that it estimates equity/balanced fund inflows during the first quarter will near the prior quarterly inflow record of $134 billion from the first quarter of 2000.
class=”bodytext”>”By their actions, fund investors continue to demonstrate high degree of confidence in the stock market and in the mutual fund vehicle. While market fluctuations naturally continue to impact the level of new investments, sustained large stock fund inflows are likely even if equity markets remain in a trading range” commented Avi Nachmany, Strategic Insight’s Director of Research.
class=”bodytext”>For more information, go to http://www.sionline.com .
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