Equity Mutual Funds Witnessed Substantial Inflows In October – ValueWalk Premium
Equity Mutual Funds

Equity Mutual Funds Witnessed Substantial Inflows In October

Equity mutual funds saw dramatic inflows of $21.06 billion in October, compared to $2.56 billion inflow witnessed in the previous month.

Tobias Levkovich and team at Citi Research however point out that a very late 2013 correction is possible for equities given weakening EPS forward guidance.

Total stock fund assets rose to record levels

According to Citi analysts, total stock fund assets rose by $238 billion in October . . .

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