According to Bank of America data, 7.1 billion dollars of capital entered global equity funds.
There was a capital inflow of 7.1 billion dollars to global equity funds.
According to the report compiled by Bank of America from EPFR data, there was a capital inflow of 7.1 billion dollars to global equity funds in the week of August 10.
While capital outflows from European equity funds continued for 26 weeks, US equity funds had the highest capital inflow in the last 8 weeks in the week of August 10.
In the week when US equity funds had a capital inflow of 11 billion dollars, 4.8 billion dollars came out of European funds.
Capital inflows to US technology sector stocks reached an 8-week high of 0.6 billion dollars, while a record amount of 2.5 billion dollars of capital entered growth stocks.