Investors put $136 billion into stock and bond mutual funds in the second quarter, the most inflows for a quarter in more than two years, according to the research firm Strategic Insight.
For the quarter ended June 30, bond funds drew net inflows of almost $90 billion, while equity funds took in about $47 billion, according to a news release from Strategic Insight.
The inflows were the most since the first quarter of 2007, when $150 billion went into U.S. stock and bond mutual funds.
Strategic Insight said its mutual fund inflows include traditional mutual funds and funds in variable annuities but exclude inflows to exchange-traded funds.
