Though fixed income funds haven’t grown like equities, year-to-date total money to bond and balanced funds is north of $250 billion.
Redemptions are happening in gold, real estate and utilities as nearly everyone anticipates the U.S. Federal Reserve to raise its rate.
U.S. equity funds continue to lose money as Trump policies look less like a reality.
Brazilian equity funds lead the way during new political turmoil.
Monetary and fiscal policy in the U.S. coupled with a turn in Europe’s populist tide kept markets calm.