Gold and Bonds Are Heading for Record-Breaking Inflows This Year

Stocks, cash, gold and bonds are set for some of the largest yearly inflows on record in a market that’s seeing a breakdown in traditional correlations between asset classes.

Equity funds are heading toward $693 billion of inflows in 2025 based on annualized year-to-date figures, according to Bank of America Corp. calculations using EPFR Global data. That would be the third highest tally ever, strategists at the bank wrote in a note.