U.S. mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.
Equity funds especially enjoyed a strong January, posting their best four-week inflows in 17 years, Tom Roseen of Lipper reported. Investors in all categories seem encouraged by signs of improvement in the global economy, the dissipation of political and market uncertainty, and strong 2012 and January 2013 market performance, Roseen said.
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