Stock funds worldwide post US$3.8b inflows in latest week: EPFR and BofA
Add BT as a preferred source[NEW YORK] Investors worldwide poured US$3.8 billion into stock funds in the week ended Jan 28, marking the first inflows in four weeks, according to data from EPFR Global and Bank of America Merrill Lynch.
Bond funds worldwide, meanwhile, attracted US$10.1 billion over the weekly period, the largest since October 2014, the data showed on Friday. The inflows into stock funds were all in exchange-traded funds, largely traded by institutional investors including hedge funds.
Precious metal funds worldwide posted US$900 million of inflows over weekly period, the largest two-week inflows since September 2012, according to the EPFR and BofA data.
REUTERS
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