Although the flow of unsettling developments continued in late May – will Covid-19 pass the baton to Monkeypox? – investors recovered some of their appetite for exposure to US assets. The week ending May 26 saw EPFR-tracked Equity Funds snap their longest redemption streak since 3Q19 thanks to the biggest flows into US Equity Funds since the second week of March while US Bond Funds posted only their second inflow during the past eight weeks.
