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Fund flows: Massive inflow in bond funds – BAML

FXStreet (Barcelona) - The BofA-Merrill Lynch Team shares the key fund flow data for assets (bonds, gold) and European and EM market.

Key Quotes

“Bond is Back: massive inflows to bond funds ($21bn - 7th largest weekly inflow on record); outflows from equity funds ($7bn).”

“Gold is Back: largest 3-week inflows ($3.8bn) to precious metals funds since Aug'11.”

“Europe is Back: 4th consecutive week of equity inflows to Europe; contrasts with outflows from US/EM/Japan."

“EM Debt is Back (at least for a week): 1st inflows in 9 weeks to EM debt funds ($0.9bn).”

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