Investors continued to buy equity funds in the week ended June 16, driven by rising hopes of a faster global economic recovery and shrugging off upside inflation risks. According to Refinitiv Lipper data, global equity funds received $10.3 billion worth of inflows, the biggest in three weeks. World stocks hit fresh peaks earlier this week on investor bets that higher inflation levels
READ MOREMutual Funds (MFs) offer investors a great way to diversify their holdings instantly. They are investment strategies that allow you to pool your money together with other investors to purchase a collection of stocks, bonds, or other securities that might be difficult to recreate on your own. Last year, major mutual funds in Nigeria recorded double-figure growth. As of 31st December 2020,
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