Investors dump stocks at fastest rate since Aug. 2011 - BAML

Investors continued to pull cash out of global equity funds in the latest week, bringing outflows over the last five weeks to the highest level in almost five years, a report from Bank of America Merrill Lynch said on Friday. The exodus from European equity funds was even more dramatic as investors chalked up the 14th week of redemptions in a row, the longest run of outflows since February 2008. Global equity funds posted a net outflow of $7.4 billion, bringing the total outflow over the past fi