US equity funds have seen inflows of $139.50 billion since Mr. Trump's victory on November 5, according to EPFR, the data provider. The buying spree made November the busiest month for inflows since 2000. The influx of new money helped propel major US stock indexes to record highs as traders shrugged off concerns that policy proposals such as broad-based tariff increases could drive up inflation and threaten the Federal Reserve's plans for further rate cuts. "Trump's growth agenda is being welcomed across the board," said Dec Mullarkey, managing director at SLC Management, a fund manager, adding that Mr. Trump's choices for top government jobs were "pretty market-friendly".