Reported about 2 months ago
In the week leading up to August 14, US equity funds faced substantial withdrawals totaling $8.92 billion, marking the largest outflow since June 12. This trend reflects investor caution amid ongoing economic slowdown fears and market volatility, as funds shifted towards safer options like money markets and government bonds, which saw inflows of $16.1 billion and $3.35 billion, respectively. Notably, US large-cap equity funds saw $6.08 billion in outflows, while bond funds continued to attract investment.
Source: YAHOO