Utilities and REITs have seen 15% higher fund allocations compared to January. His first stock pick at Magellan: Taco Bell YUM. A would-be pick he expressed disbelief in not having gotten in on: Starbucks SBUX. Plus, new CDRs from BMO; fund launches from National Bank, Global X and TDAM; and a new life insurance app According to Lipper data, global wealth management funds have recorded net inflows of $12.4 billion in the past two weeks, a sharp reversal from outflows in March, signaling higher risk appetite among high-net-worth clients.
