Reuters logo
3 年前
European stock funds worldwide post record $5.7 bln outflows -BofA
2014年10月17日 / 下午12点42分 / 3 年前

European stock funds worldwide post record $5.7 bln outflows -BofA

NEW YORK, Oct 17 (Reuters) - Investors worldwide pulled a net $5.7 billion out of European stock funds in the week ended Oct. 15, marking their biggest weekly withdrawals on record in absolute terms, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

Stock funds overall posted $2 billion in net outflows, marking their third straight week of outflows, according to the report, which also cited data from fund-tracker EPFR Global. Emerging markets equity funds posted $2.3 billion in outflows, marking their second straight week of withdrawals.

U.S.-focused stock funds attracted $8.1 billion, with inflows into exchange-traded funds accounting for all of the new cash while U.S.-focused stock mutual funds posted $3.2 billion in outflows, according to the report.

Bond funds attracted $6.3 billion in net inflows, marking their fourth straight week of inflows. Funds that mainly hold U.S. Treasuries attracted $3.9 billion, marking their biggest inflows in 10 weeks, while riskier high-yield bond funds posted $2 billion in outflows, their seventh straight week of withdrawals.

Investment-grade bond funds attracted $5.6 billion in new cash, while floating-rate debt funds posted $1 billion in outflows, marking their 14th straight week of outflows.

Reporting by Sam Forgione Editing by W Simon

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below