US equity funds see fifth straight week of inflows
© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo - U.S. investors were net buyers of equity funds for a fifth successive week in the seven days to March 27 as they maintained expectations of three interest rate cuts this year, although caution ahead of an inflation report capped purchases.
U.S. large cap funds received $6.13 billion during the week after net purchases of $15.3 billion in the prior week. U.S. bond funds saw net purchases of $3.47 billion, reversing $1.47 billion in outflows in the previous week.
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