LONDON—Global equity and bond funds saw modest inflows at the expense of cash and gold funds even as global markets hit a rough patch this week dominated by concerns about the U.S. debt ceiling and energy shortages in Europe and China, a weekly round-up by BofA showed on Friday.
On a weekly basis, investors ploughed $9.2 billion into stocks and $8 billion into bonds, while withdrawing $0.6 billion from gold and $6.6 billion from cash respectively.