US equity funds draw heavy inflows on expectations for Fed pause

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Key Points

Nov 17 (Reuters) - U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes in light of recent subdued U.S. inflation data...

LSEG data shows that U.S. equity funds attracted about $9.33 billion in net inflows during the week, marking the largest weekly net purchase since Sept. 13.cs..

U.S. bond funds reported $2.67 billion in net purchases, continuing a trend of inflows for the second consecutive week..

The week also saw investors channel approximately $14.69 billion into money market funds, marking a fourth consecutive week of net buying...

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