
Global capital migration! Non-U.S. stock markets attracted a record $13.6 billion in July, while U.S. stocks have been sold off for three consecutive months

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In July, global non-U.S. equity funds recorded the largest net inflow of funds in four and a half years, reaching $13.6 billion, as investors adjusted their asset allocation due to concerns about the U.S. economic outlook and high stock market valuations. Meanwhile, U.S. equity funds faced $6.3 billion in redemptions, marking three consecutive months of outflows. Regional market performance was mixed, with the MSCI Asia-Pacific and European indices significantly outperforming the S&P 500, and the depreciation of the dollar also amplified returns in international markets
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