Active equity outflows hit high for year last week: Jefferies
Investing.com -- U.S. retail investors shunned active equity funds cashing on their position in the seven days through Jun. 12, in what was the largest outflow of the year ahead of the last week's Federal Reserve policy decision.
Mutual funds, meanwhile, saw an increase in outflows with $21.8B of outflows, well above the $1.0B outflows seen in the prior last week. Exchange traded funds saw $19.3B of inflows for the period, down from the prior week's $22.0B of inflows. Money markets saw inflows of $26.5B, compared with the prior week's inflows of $21.5B.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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