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BofA's Weekly Fund Flow Update Shows US Growth

CROSS ASSET

Citing EPFR data, BofA's analysis shows:

  • Equity funds saw a $7.1bln inflow in the week to Wednesday
  • US stocks saw $11bln inflow, the largest in 8 weeks, while US growth stocks recorded the largest inflow since December
  • For Europe, equity funds saw their 26th straight week of outflows, reaching $4.8bln this week
  • The report sees investors 'fading' inflation, with TIPS seeing the 5th straight week of outflows - the longest streak since April 2020

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