Record $58.1 billion pours into global equity funds: BofA

Record $58.1 billion pours into global equity funds: BofA


Investing.com - Financial Markets Worldwide

No results matched your search

Economy18 hours ago (Feb 12, 2021 04:55PM ET)

2/2

Record $58.1 billion pours into global equity funds: BofA
© Reuters. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes

2/2

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

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *