US equity funds see biggest weekly outflow in three months

By: Admin
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Sept 29 (Reuters) - U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve's restrictive monetary policy and a renewed surge in Treasury yields.

According to LSEG data, U.S. equity funds suffered outflows of a net $11.69 billion, the biggest of any week since June 21.

https://www.reuters.com/markets/us/us-equity-funds-see-biggest-weekly-outflow-three-months-2023-09-29/