Photo Source: REUTERS/Damir Sagolj. U.S. President Donald Trump and China's President Xi Jinping shakes hands after making joint statements at the Great Hall of the People in Beijing, China.
For the seventh month in a row, investors were net purchasers of mutual fund assets, injecting $37.4 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below) for November. However, the headline number was once again misleading.
During the month, investors continued to cheer better-than-expected Q3 earnings reports but kept a keen eye on the China and U.S. trade negotiations. Nevertheless,