A golden ingot on a background of stock market graph (image generated by IA) (credits: Adobe Stock)
Until now prized by disoriented investors, the gold funds have displayed their first weekly decollect of the year over the week on April 30, according to the Bofa Flow Show made from EPFR data on the world flows of funds. They saw $ 1.5 billion over the week come out.
On the other hand, the Crypto funds continued to collect, with incoming flows of 2.3 billion dollars. Over the past two weeks, they have garnered $ 4.8 billion, the highest collection of 2025 over a 14 days.
The highest collection was registered by action funds, which drained $ 8.3 billion. But in this area, the situation has been contrasting according to the geography of portfolios. Thus, investors continued to relieve themselves of American equity funds, however acclaimed last year. The latter saw $ 8.9 billion over the week released. However, Bofa does not observe disaffection of foreign investors for American assets. They have still invested $ 3.9 billion in American stocks since the start of the year.
-Conversely, European equity funds garnered $ 3.4 billion over the week, when they were shunned last year. Note also that Japanese equity funds brought together $ 4.4 billion, the highest level since April 2024.
Finally, bond funds recorded net subscriptions of $ 3.7 billion, thanks to High Yield bond funds (+$ 3.9 billion). On the other hand, government bond funds have seen $ 4.5 billion out.
Finally, monetary funds have seen $ 10.1 billion out.
Laurence Marchal