U.S money market funds lured the biggest inflow in a year, in the week ended April 28, on caution ahead of a U.S. Federal Reserve policy meeting, with investors also anxious about the speed of the equity rally in recent weeks. Analysts said fears about rising inflation and the prospect that the Federal Reserve might unwind its quantitative easing measures curbed inflows into risky assets in the week. The data showed U.S. equity funds had outflows of $22 billion, the biggest since February 2020.
