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Fund investment booms in US post election rally

US, global and emerging markets equity funds have recorded net inflows of $6bn (€4.6bn) so far this month following the post election rally in the US, lower oil prices and a rush of funds into non dollar-denominated assets.

Global and international equity funds took in $825.5m in the second week of November, just short of the previous week's record inflow of $962.8m, according to Emerging Portfolio Fund Research, the US investment monitoring group.

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