Global technology equity funds saw $4.8B in outflows in the week ending October 14th, the largest weekly outflow in 5 weeks, as investors rotated into other asset classes.
Macro & Markets ·
Global technology equity funds experienced $4.8 billion in outflows during the week ending October 14th, marking their largest weekly withdrawal in at least five weeks, with US tech funds accounting for $5.2 billion of that total. Over the same period, broader global equity funds drew $20.0 billion in inflows—their fourth consecutive week of positive flows—while US equity funds specifically received $13.0 billion, suggesting a rotation away from technology toward other equity sectors.