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.
These were the details of the news of Bank of America announcing that emerging market stocks received the largest flows in 6 weeks for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available on the seventh day The editorial team has done Gulf 365 By making sure of it, and it may have been modified, and it may have been completely transferred or quoted from it, and you can read and follow this news from its main source.
