Global Equity Funds See First Outflows in Nine Weeks, $7B Exits as Cash, Bonds Attract Inflows

GateNews
According to Bank of America citing EPFR Global data, global equity funds saw their first outflows in nine weeks in the week ended May 27. Equity markets experienced $7 billion in net outflows, while money market funds attracted $21.9 billion and bonds drew $23.6 billion in inflows.
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