BofA Says Share of US Stocks in Global Flows Has Plunged in 2025
The share of global equity flows heading to the US has plunged in 2025, strategists at Bank of America Corp. said, as the trade war raises doubts about so-called American exceptionalism.
US stock funds attracted just under half of total flows so far this year, compared with 72% in 2024, the BofA team said in a note, citing figures from EPFR Global. Foreign inflows slowed to less than $2 billion in the past three months from $34 billion in January.