Investors inject money in cash, bonds and gold, weekly BofA data shows

LONDON: Money managers have allocated $40.9 billion into cash, the largest inflow since May 6, and $24.5 billion into investment grade bonds, third largest inflow ever, Bank of America's weekly fund flow statistics showed on Friday.

Investors pumped more money into gold in particular as weekly flow showed the second largest inflow into the commodity ever. Equities saw $3.8 billion in redemptions, however.

BofA noted two big themes emerging in the financial markets - a great repression in interest rates and a great debasement of the U.S. dollar, it said.