Outflows from European equity funds extended into its twentieth week, while emerging market debt has now seen outflows for the past 12 weeks, BoFA said citing EPFR data.
In a sign that inflationary expectations have not yet peaked, inflows into inflation-adjusted bond funds saw their biggest inflows in 12 weeks, the U.S. investment bank said.
(Reporting by Saikat Chatterjee; Editing by Tommy Reggiori Wilkes)