LONDON—Investors ploughed $13.2 billion into equity funds in the week to Wednesday, though fixed income inflows slowed and precious metals funds lost money as markets grappled with the prospect of rising yields and inflation, BofA said on Friday.
Flows to stocks funds over the past week had helped lift total inflows into equities to $1.0 trillion, BofA said, citing EPFR data. Meanwhile, fixed income funds saw the smallest weekly inflows in four weeks at $6.2 billion, while cash funds raked in $7.8 billion.
