The bank added that emerging market stocks recorded $ 2.7 billion in inflows, the largest in six weeks, while emerging market debt saw strong inflows of $ 2.2 billion.
This comes after the International Monetary Fund revised upward its forecast for the global economy but warned that prospects were deteriorating for many emerging markets.
Equity funds recorded $ 1.8 billion in flows, dominated by Europe, which attracted the largest flows in 18 weeks ($ 2.2 billion). Bond funds attracted $ 14.4 billion.
Bank of America said that investors continued to shy away from cash, which saw the displacement of flows for the eleventh week.
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