Despite market volatility amid changes in US trade policy, investors put about $75 billion into US open-end funds and exchange-traded funds in July. Desire for diversification and general conservatism likely drove the flows, a recent theme. All US equity categories except large blend continued to experience outflows. Increased rotation into foreign assets also persisted into July.
Amid the uncertainty surrounding markets over the past several months, investors have continued to park assets in less-volatile categories, such as…
This post originally appeared at Morningstar.