Running contrary to declines in the broader market from March to April, equity mutual fund inflows increased month over month by about $3.5 billion, or roughly 24%, according to Lipper Senior Research Analyst Andrew Clark.

The increases, however, came on the strength of world equity funds, which grew from $7 billion in March to $11.3 billion in April, led principally by the international funds sector, which enjoyed inflows of $8.8 billion. That represents a spike of $3.6 billion versus April. Global funds sector inflows were up by $2.4 billion to $3.1 billion.

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