LONDON Oct 14 European equity funds posted their 36th straight
week of outflows, with money that has left the asset class this year now
approaching $100 billion, Bank of America Merrill Lynch said, citing data from
Global investor sentiment is neither too bearish nor too bullish - or in
"goldilocks" territory - BofA-ML said, as fund flows continue to show a
preference for bonds and emerging markets.
European equities have fallen out of favour among foreign investors in
particular as sluggish earnings growth, an uncertain economic outlook on the
back of Britain's vote to leave the European Union and worries over the
profitability of the region's banks have soured the mood.
(Reporting by Vikram Subhedar, Editing by Atul Prakash)