Equities, bonds draw inflows in latest week, BofA report says
LONDON, July 26 (Reuters) -Most regions saw equity inflows in the week to Wednesday, led by emerging markets and the U.S., Bank of America Global Research said, as investors brought forward expectations for Federal Reserve rate cuts due to softer data.
Equities saw $22.2 billion of inflows in the latest week, BofA said in its weekly round up of flows in and out of world markets. Emerging markets drew $11.1 billion of inflows, the largest weekly inflow since February, and the U.S. saw $7.9 billion.
Bond funds saw $16.1 billion of inflows, while gold funds saw $1.3 billion of inflows, notching their biggest two-week inflows since March 2022.
Reporting by Samuel Indyk, editing by Alun John
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