Investors urged to focus on value stocksFollowing a record-breaking six months of inflows into US mutual funds reaching a total of US$720 billion, Thai investors should focus their picks on value stocks reinforcing an economic recovery, says Morningstar Research Thailand. In June alone, US mutual funds posted $100 billion in net inflows, up from $83 billion in May. According to the Morningstar report, value stock funds have received more attention than growth stocks, with US equity funds posting $18 billion in net inflows in June after a small net inflow over the previous two months. For the first six months of the year, large blend had the most net inflows with a total value of $50 billion, according to Morningstar. International equity funds saw inflows of around $20 billion in the equity investment category (which includes US equity, sector equity and international equity).

Source: Bangkok Post August 11, 2021 21:56 UTC