Equity funds record largest ever weekly outflows -BofA
Investors shed stocks at the highest weekly rate ever in the week to Wednesday, selling a net $41.9 billion of equities, according to a report from BofA Global Research on Friday that attributed…
LONDON, Dec 23 (Reuters) - Investors shed stocks at the BofA said "tax loss harvesting" was behind the record Investors also reduced their cash holdings by a net $59.5 Local emerging market bonds drew their first net inflow The sell-off in equity holdings came in a week where With an historic approach of ultra-low interest rates, On a sector basis they Stocks took a hit last week after several major central The U.S. benchmark S&P 500 has fallen 3.6% in the Bond funds recorded net outflows of $10 billion, prompting a