Bond-Fund Flows at an All-Time Peak

Here is something from Henry H. McVey, who heads Morgan Stanley’s Global Macro and Asset Allocation.

Before the year ended, he penned a long Investmentfocus piece titled “Managing Risk: Back to Basics.”

I found this chart very informative:


Bond-fund flows at an all-time peak

click for larger graph


Managing Risk: Back to Basics
Henry H. McVey
Morgan Stanley, Global Macro and Asset Allocation
December 2009

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