Bank of America saw $4.1 billion in inflows to single stocks from clients, the fifth largest since 2008, but hedge funds sat out.
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Everyday traders upped their investment flows this week compared with the last two months.
Retail flows fell to $3 billion in the week beginning on March 19 and ending March 25, below the 12-month average of $6.8 billion.
Investors are flocking back to hedge funds, with capital flows hitting an 18-year high.
Hedge funds were net sellers of technology stocks in July and bought defensives for the third straight month, indicating caution…
The notional net buying in financials ranked in the 98th percentile for the past five years, Goldman Sachs said.
Individual traders boosted the stock market by continuing to buy the latest selloff — the same strategy that helped power…
