Investors put $30.5 bln into stocks, ditch safe havens – BofA – Reuters

Investors put $30.5 bln into stocks, ditch safe havens – BofA – Reuters

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Investors put $30.5 bln into stocks, ditch safe havens – BofA – Reuters

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LONDON, Jan 14 (Reuters) – Investors piled into stocks and ditched cash, gold and bonds, especially safe haven ones, in the week to Wednesday, BofA said in its weekly flow tracking note published on Friday.

Equity funds attracted $30.5 billion while bond funds suffered their first outflow in four weeks at $2.9 billion, cash funds lost $43.5 billion and gold at $100 million, BofA said in its note based on EPFR data.

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