Geopolitical uncertainty, as well as growing skepticism over President Trump’s reflation story, is not something risk markets like. Inversely, bond markets do.

New money flowing into European equity funds hit a 67-week high, while emerging market bond funds took in fresh money for the 11th straight week.

Emerging markets equity funds took in fresh money last week, despite tensions from Syria’s civil war and North Korean saber-rattling.

Funds focused on global and European equities absorbed the bulk of new money as investor skepticism over Trump-led U.S. renaissance continues.

Over the second week of April, investors favor Healthcare sector funds and pull money from Energy sector funds.

For the second week in April, bond funds with geographically diverse and investment grade mandates fared best, while those focused on Europe continue to lose money.

Investors flee U.S. equity and inflation-protected funds as Trump’s agenda stumbles.

Investors are showing a preference for largest emerging markets, while frontier equity funds lost the most investor money since 2008.

Driven by outflows from U.S. equity funds as investors fear Trump’s reflation and deregulation agenda won’t deliver.

Tech, commodities funds are the biggest winners in first quarter of 2017 in terms of positive flows; 2016 winners, beneficiaries of Trump reflation story, stumble.