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 MORE
Mutual 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,
READ MORE