Investors pumped 42.6 billion dollars into global money funds, as the funds witnessed large inflows during the past week amid fears of a slowdown in global economic activity and with the follow-up to the results of the companies' business.
Thus, the total flows since the beginning of this year rose to 427.4 billion dollars, according to Refinitiv data.
Money funds in America and Europe received 47.72 billion and 1.89 billion dollars, respectively.
On the other hand, markets in Asia witnessed an exodus of $90 million during the same period.
And the Federal Reserve data showed a decline in deposits of large US banks from levels of 10.74 trillion to 10.61 trillion dollars on a non-seasonally adjusted basis last week.
While global stock funds witnessed an exodus of 8.89 billion dollars, at the largest rate in 4 weeks, while bond funds attracted 3.57 billion dollars.
