Stock funds worldwide attract $17.9 bln in latest week - BofA

NEW YORK Fri Aug 22, 2014 10:16am EDT

NEW YORK Aug 22 (Reuters) - Investors worldwide poured $17.9 billion into stock funds and $3.1 billion into high-yield bond funds in the week ended August 20, data from a Bank of America Merrill Lynch Global Research report showed on Friday.

The net inflows into stock funds were the biggest since October 2013, while the inflows into high-yield bond funds were the first in six weeks, according to the report, which also cited data from fund-tracker EPFR Global.

Bond funds overall attracted $9.9 billion in net new cash, marking their biggest inflows since February. Funds that mainly hold safe-haven U.S. Treasuries attracted $3.5 billion, marking their 7th straight week of new demand. (Reporting by Sam Forgione; Editing by Chizu Nomiyama)

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