U.S. equity funds receive big inflows as investors downgrade Omicron impact -Lipper

Dec 31 (Reuters) – U.S. equity funds received robust inflows for a second week in the seven days to Dec. 29 as investors welcomed signs that the Omicron coronavirus variant won’t bring a big setback to the economy.

According to Refinitiv Lipper data, U.S. equity funds lured net purchases of $19.43 billion, compared with their average weekly inflow of $2.3 billion, received this year.

Source: Reuters