Investors are pouring into global equity funds with a fervour never seen before.
About $580bn has been added to the sector in the first half of 2021, putting the category on track for a record inflow, according to data provider EPFR.
Strategists with Bank of America estimate that if the pace of inflows continues at the same clip for the remainder of the year, equity funds will take in more money in 2021 than in the previous 20 years combined.
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