Funds benefit from US moves to stabilise financial sector

Money market, equity and bond funds recorded net inflows of $6.8 billion, $1.56 billion and $35 million worldwide in the last week of January, according to EPFR Global. The US-based firm tracks the fund flows and asset allocations of more than 15,000 equities, fixed-income, and hedge funds domiciled globally with $11 trillion in total assets.