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Investors plough billions into stocks, bonds and EM assets as risk appetite returns

Reuters  |  LONDON 

(Reuters) - Global investors ploughed money back into stocks and bonds this week as they regained their appetite for risk, boosted by dovish comments from

International equity funds drew inflows of $6.2 billion while $7.2 billion flowed into funds, BAML strategists said on Friday, citing data from EPFR tracking flows in the week to Jan. 9.

Emerging market assets were popular with both equity and funds drawing in $2.4 billion, while high-yield funds received $1.5 billion inflows.

Investors pulled $600 million from tech stocks and $1.5 billion from financials stocks, also dumping $1.4 billion of investment-grade bonds.

BAML's gauge of investor positioning fell to 1.8, what the strategists called "extreme bear territory" last week, triggering a "buy" signal for equities.

(Reporting by Helen Reid, Editing by)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 15:35 IST