With Trump’s tax proposal kicking the U.S. reflation story back into gear, industry and financial sector funds took in fresh money this past week. Gold funds posted their biggest weekly outflow since the beginning of the year.
Post French presidential election, weekly flows into European equities hit their highest level since 2015.
Still, despite better than expected growth in the first quarter, funds dedicated to China and Korea lost investors over the past week.
European equity funds took in the largest net inflows in 71 weeks after the French election pointed toward a more pro-business outcome.
