U.S. equity funds see largest weekly outflow in 11 weeks – BofA
U.S. equity funds saw an outflow of $11.5 bln, European equity funds have seen outflows for 30 consecutive weeks and tech stocks saw their largest weekly outflows since January 2019 — shedding $1.8 bln — BofA said.BofA added that global stocks have recorded outflows for the last six months, with the mass inflow to global equities seen from November 2020 until February 2022 now over.
