June 13, 2019 / 7:34 PM / 5 days ago

Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 bln

June 13 (Reuters) - U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs.

U.S.-based high-yield junk bond funds - which move in sympathy with equity flows - attracted more than $1.7 billion of inflows in the week ended Wednesday, following two straight weeks of cash withdrawals, Lipper said. (Reporting By Jennifer Ablan Editing by Phil Berlowitz)

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