Covid-19: Investors have taken massive refuge in money market funds

On the 03.16.20 at 7:59AM


Jean-Loup Thiébaut

Last week, equity funds experienced declines similar to those having occured in the aftermath of the bursting of the Internet bubble, in 2001, and the Battle of France, in May 1940, according to BofA's research.

The week of 7-12 March will go down in history with its unheard of inflows into investment funds, according to the latest “Flow Show” report by BofA Global Research.

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