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BAML: Precious Metal Funds Reap Fourth Biggest Weekly Inflows As Investors Play Safe

TedTed
edited August 2019 in The Bullpen
FYI: Precious metal funds recorded the fourth-largest inflows ever in the week to Wednesday and investment-grade funds sucked in money, Bank of America Merrill Lynch said on Friday, as rising trade tensions and global growth concerns prompted a dash for safe havens.

Within equities, United States stocks funds suffered $15.2 billion in outflows in the same week, the most since December 2018, while emerging equity funds saw the biggest outflow since August 2015 at $6.2 billion, said BAML citing EPFR data.
Regards,
Ted
https://www.reuters.com/article/us-markets-funds/precious-metal-funds-reap-fourth-biggest-weekly-inflows-as-investors-play-safe-baml-idUSKCN1UZ16Y
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