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A surprising asset class leading fund inflows in 2012
Interesting article above. "inflows into non-US HY funds are outpacing flows into all other major asset class so far this year".......
Guess this explains one reason why European high yield funds are outperforming US high yield funds YTD. I've cut back a bit on junk bond funds to 82% as they continue to march higher and if anyone tells me this is a mini-bubble or greater as a result of the desperate search for yield I would not argue one bit.
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