LONDON Sovereign wealth funds pulled $18.4 billion (£14.1 billion) from global stock and bond markets in the first quarter of 2017, notwithstanding robust equity gains in this period, data from research firm eVestment showed on Thursday, Oil-backed sovereign wealth funds (SWFs) have been under pressure since oil prices LCOc1 tumbled from their mid-2014 highs of $115 to around $52 a barrel, with governments tapping state funds to close budget gaps. Global SWF assets effectively stalled at $6.59 trillion in the 12 months to March 2017, data from research firm Preqin showed in April, due to a combination of weak...