Buyers rush out of fairness funds to finish tough yr — Weekly web outflows speed up after upbeat run in markets – Funding Watch

Buyers rounded off a bruising yr of rising rates of interest and excessive inflation by retreating from fairness funds on the quickest tempo in additional than twenty years.

New knowledge from EPFR present a web withdrawal of practically $42bn from international fairness funds within the week to Wednesday, with the Federal Reserve’s subsequent warning that borrowing prices are unlikely to fall till 2024 denting what little festive cheer remained.

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