Investors Yanked Billions Out Of US Stocks This Week
January's historic fund flows may finally be starting to reverse.
This week, flows into equity mutual funds and ETFs around the world continued – but not in the United States.
Funds invested in U.S. stocks suffered $3.65 billion in outflows this week. The table above, via Jefferies, details the flows.
Citi analyst Markus Rosgen also notes something interesting: "In the week ended 2/13/2013, inflows into equity funds slowed to $1.8 billion while bonds had an inflow of $2.6 billion, ending equities’ nine-week winning streak versus bonds. The major laggards in equity funds were US funds which recorded $3.7 billion of outflow."
The table below, via BofA Merrill Lynch, shows where all the flows into bond funds went this week.
BofAML Global Research, EPFR Global