Risk appetite cools down, global equity funds see net outflows for the first time in five weeks
I'm PortAI, I can summarize articles.
As of the week ending September 10, global equity funds experienced their first net outflow of funds in nearly five weeks, amounting to $3.06 billion. Investors shifted to a cautious stance due to profit-taking and a reduction in risk exposure. Although expectations for a Federal Reserve interest rate cut supported historical highs in the stock market, political uncertainty and geopolitical tensions prompted fund outflows. Meanwhile, global bond funds and money market funds saw net inflows of $18.18 billion and $6.079 billion, respectively
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments