Stock funds attracted a record amount in a busy week that included Joe Biden’s election victory and promising results for a coronavirus vaccine.
Equity funds added $44.5 billion in the week through Nov. 11, dominated by inflows to the U.S. of $32.5 billion, according to Bank of America Corp. and EPFR Global data. Exchange-traded funds led the additions, pulling in $38.7 billion with the rest going into mutual funds, according to a BofA note.
