Reported 2 days ago
Japanese equity funds saw their most significant weekly outflows in nearly 18 years, totaling $7.49 billion for the week ending May 28. This decline comes as investors took profits after a rally spurred by easing U.S.-China trade tensions, while also showing caution regarding earnings potential. Domestic investors accounted for nearly all outflows, with large withdrawals from major funds like Daiwa iFreeETF TOPIX and Nikko Listed Index Fund TOPIX.
Source: YAHOO