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Thematic funds saw significant inflows in 2018 despite dented risk appetite: Morningstar

Thematic and sector-related funds attracted more than US$230 billion in net inflows in 2018 despite risk-averse investor sentiment prompting a notable sell-off of assets. According to Morningstar, which was unable to provide details on where the flows had originated from, technology-themed mutual funds enjoyed the largest inflows in 2018, totalling more than US$114 billion, followed by consumer goods and services-related…

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