Photo Source: REUTERS/Alexey Nasyrov. An employee of the London Inn salon has her temperature checked, as hairdressers reopened after local authorities loosened lockdown restrictions amid the coronavirus disease (COVID-19) outbreak in Kazan, Russia April 22, 2020. REUTERS/Alexey Nasyrov
Investors were net purchasers of mutual fund assets for the third month in a row, injecting $354.1 billion into the conventional funds business (excluding ETFs, which are reviewed in the section below) for April. However, virtually all of those net inflows were into short-term assets.
During the month, the major benchmarks won back some of the losses