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Bank of America Added $24.2 Billion in New Fund Flows in Q1 2018

Robert Karr
Bank of America Added $24.2 Billion in New Fund Flows in Q1 2018

In 2017, almost every major fund house, asset manager, and bank (XLF) generated strong returns on their equity portfolios. This growth was aided by global growth, liquidity, and corporate earnings. Asset managers are expected to see subdued alpha generation in the second quarter, with a marginal rise on a sequential basis.