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U.S. equity funds see outflows on growth woes, political risks https://t.co/e5y48C8LH0 https://t.co/YHegevNPT2
🔵 U.S. EQUITY FUNDS SEE OUTFLOWS ON GROWTH WOES, POLITICAL RISKS U.S. equity funds experienced significant outflows in the week through Sept. 11, as investor caution mounted due to weak economic data and growing political uncertainties ahead of the U.S. presidential election.… https://t.co/JjiLDR1M2w
"August saw the biggest equity fund outflow since 2022, according to JPM. This points to the abrupt downshifting of the retail impulse into equities." https://t.co/RGMn9eE3Hc via @dailychartbook https://t.co/aUkEwgFjgZ
Lazard, a notable asset management firm, reported net outflows of $7.5 billion in August 2024 due to a client's strategy switch to passive investing. This development comes amid broader market trends, where mutual fund and ETF investors reduced their equity exposure due to market volatility. Global equity funds saw a second weekly outflow, and U.S. equity funds experienced significant outflows driven by economic concerns and political uncertainties. August witnessed the biggest equity fund outflow since 2022 and the largest financial outflow since November 2023, highlighting a shift in investor sentiment.
