Safety takes a backseat as investors pile into EM, European stocks - BAML
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LONDON (Reuters) - Investors pumped $9.7 billion (£7.6 billion) into equity funds in the week to Wednesday, with emerging markets seeing their biggest inflows in 41 weeks, Bank of America Merrill Lynch said on Friday.With rising hopes of a U.S.-China trade deal, investors were in risk-on mood, redeeming money from gold. The yellow metal funds saw outflows of $1.7 billion, the biggest since December 2016.BAML said the rotation from U.S. stocks to the rest of the world continued this week with..