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Wednesday, May 25, 2022

U.S. investors cash out of emerging market stock funds: Lipper

U.S. investors cash out of emerging market stock funds: LipperU.S. investors cash out of emerging market stock funds: Lipper

NEW YORK (Reuters) – U.S. fund investors walloped emerging market stock funds with $870 million in withdrawals, the most since November 2016, weekly data from Lipper showed on Thursday.

Short-term corporate bond funds pulled in $1.1 billion, marking the most new cash for the category since September 2017, the research service’s data showed.

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Source: Investing.com

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