Investors have begun to embrace developed markets, Reuters reports.
Flows do not suggest that investors are nervous that prices have gotten ahead of themselves, according to a report from
Within its own company, State Street said, flows into equities have been strong, particularly into domestic equities.
This represents the highest level of developed market inflows since the early summer of 2008, State Street said. Long neglected countries, such as Japan, are once more the recipients of cross-border equity capital.