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Investors still rotating into equity funds, favouring tech and China equity: Morningstar

Investors bought equities via mutual funds available for sale in Hong Kong or Singapore at the strongest quarterly level since 2019, according to data from Morningstar. Open-ended equity funds netted US$52.6 billion of net inflows in 1Q21, against US$71.1 billion in 4Q20, according to the investment research provider. “There is growing concern about higher inflation in the post-pandemic economic environment,…

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