Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA

Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
A nearly empty trading floor is seen at the New York Stock Exchange (NYSE) in New York on May 22, 2020. Brendan McDermid/Reuters
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LONDON—Investment flows into equities slowed while emerging market debt and equity funds saw the biggest redemption in ten weeks as concerns about surging inflation pressures and a China slowdown prompted investors to dump popular trades, BofA said on Friday.

Investors ploughed $11.8 billion into stocks and $77 million into bonds, in the week to Wednesday, according to BofA’s weekly flows note based on EPFR data.