Bank of America: US equity funds experience largest outflow in six weeks

03/06 09:00

 Bank of America stated that U.S. stock funds experienced the largest outflow in 6 weeks, totaling 13.9 billion USD, while other regions attracted inflows. Bank of America cited EPFR Global data showing that in the week ending March 4: bonds attracted 19.7 billion USD inflows; stocks overall 11.5 billion USD inflows; money market funds 5.6 billion USD inflows; cryptocurrencies 1.9 billion USD inflows; gold faced the largest outflow since October, totaling 1.8 billion USD.
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