Equity funds experienced their 10th consecutive month of net inflows in December, but it was the smallest amount the group had seen since May. Equity funds pulled in $15.5 billion in the final month of the year

Leading the way for equity funds were U.S. diversified funds with net inflows of $6 billion, trailed by mixed and miscellaneous funds at $4.8 billion and world equity at $4.3 billion. For the year, Lipper estimates that equity funds grabbed more than $180 billion, the best showing since 2000.

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