Investors are still selling stocks according to Bank of America Merrill Lynch’s Equity Client Flow Trends report. The report, which is compiled using the bank’s client trading flows into US stocks executed by the firm’s cash equities business, provides a fascinating weekly insight into the views and opinions of Bank of America’s equity clients, along with some insight into general equity flow trends.
Mutual Funds See 10 Consecutive Weeks of Outflows As ETFs Gain
Figures from the bank show that last week clients were net sellers of US stocks for the eighth week running. Net selling last week by equity clients totaled $521 million. Institutional clients led the selling followed by private investors.
Hedge funds were net buyers of equities last...
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