Wealth management fund inflows reached a three-month high

Wealth management fund inflows reached a three-month high last week, driven by institutional bets on semiconductor shares amid rising global chip demand. Managers cite strong PMI data from Asia as a tailwind for export-heavy equities. ‘I don’t come from money’: I received $1.2 million after a family tragedy. Am I foolish to keep it in a money-market account? For wealth advisors and registered investment firms, the case underscores the reputational risk and regulatory scrutiny that can arise when unlicensed individuals exploit the credibility of the advisory profession. It also highlights how easily clients—especially younger or less experienced investors—can fall prey to social media marketing and exaggerated claims of “guaranteed” profits. Market analysts report that several large wealth management funds have boosted their exposure to U.S. mid-cap growth stocks, responding to improved liquidity conditions and a softer dollar. This shift aligns with projections that U.S. GDP growth could reach 2.3% in 2024, outpacing earlier forecasts.