RPT-European equity funds continue to bleed: BofA-ML/EPFR



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Oct 14 European equity funds posted their 36th straight week of outflows, with money that has left the asset class this year now approaching $100 billion, Bank of America Merrill Lynch said, citing data from EPFR Global.
Global investor sentiment is neither too bearish nor too bullish - or in "goldilocks" territory - BofA-ML said, as fund flows continue to show a preference for bonds and emerging markets.
European equities have fallen out of favour among foreign investors in particular as sluggish earnings growth, an... read more

 
14 October 2016 in World News, Views: 52
Source: Reuters
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