Global equity funds posted $23.2B in outflows for the week ending September 16, the largest weekly outflow in 9 months, driven by US fund withdrawals while tech funds continued attracting inflows.
Macro & Markets ·
Global equity funds experienced $23.2 billion in outflows during the week ending September 16, marking their largest weekly withdrawal in 9 months. US equity funds accounted for $31.4 billion of these outflows, their fourth consecutive week of withdrawals, while Asia drew $6.3 billion in inflows and technology funds pulled in $1.9 billion despite the broader retreat. The two-week outflow period totaled $45 billion as European funds also registered modest $295 million in withdrawals.