Record $58.1 billion pours into global equity funds: BofA

LONDON (Reuters) – A record $58.1 billion poured into global equity funds over the past week as investors pulled money out of cash funds and had a lighter exposure to bonds, BofA’s weekly fund flow data showed on Friday.

World stocks notched all-time highs this week as earnings and economic recovery prospects buoyed investor sentiment.

The rush to equities saw extreme positioning among the U.S. investmen