Investors dump stocks at fastest rate since Aug. 2011 - BAML



LONDON May 13 Investors continued to pull cash out of global equity funds in the latest week, bringing outflows over the last five weeks to the highest level in almost five years, a report from Bank of America Merrill Lynch said on Friday.
The exodus from European equity funds was even more dramatic as investors chalked up the 14th week of redemptions in a row, the longest run of outflows since February 2008.
Financial markets have been volatile this year as growth in both developed and emerging economies has remained uneven, and doubts have grown about the ability of policymakers to... read more

 
13 May 2016 in World News, Views: 29
Source: Reuters
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