Modest flows of global stock and bond funds at the expense of cash and gold

Modest flows of global stock and bond funds at the expense of cash and gold
Modest flows of global stock and bond funds at the expense of cash and gold

Global equity and bond funds witnessed modest inflows at the expense of cash and gold funds, even as global markets hit severe obstacles last week, which was dominated by concerns about the US debt ceiling and energy shortages in Europe and China.
According to a survey by Bank of America, yesterday, on a weekly basis, investors pumped $9.2 billion into stocks and $8 billion into bonds, while recovering $0.6 billion in gold and $6.6 billion in cash, respectively.
Digging deeper, investments flowed more broadly into the financial, energy and venture capital sectors, while emerging market debt funds saw significant outflows due to higher bond yields.

Source

Modest flows global stock bond funds expense cash gold

 
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