June 29, 2024
Funds

Unprecedented $21.93B Withdrawn From US Equity Funds Ahead Of Fed Decision

In the week leading up to June 12, U.S. equity funds witnessed their largest weekly outflow in 18 months. This comes as investors tread carefully in anticipation of the Federal Reserve’s policy decision. What Happened: Data from LSEG reveals that investors pulled out a net $21.93 billion from U.S. equity funds during the week, the

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