Bond funds worldwide attract most inflows since Sept '09: BofA
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[NEW YORK] Investors worldwide poured US$21.5 billion into bond funds in the week ended Feb 4, marking the biggest weekly inflows since Sept. 2009, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
The inflows were, however, boosted by registered investment advisor reallocation, the report said. Stock funds posted US$6.8 billion in outflows, according to the report, which also cited data from fund-tracker EPFR Global.
REUTERS
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