US equity funds benefit as risk appetite slips in mid-September

With Covid-19 caseloads on the rise in Europe and key emerging markets, predictions for effective widescale vaccination slipping into 2Q21, last week’s technology sell off jolting market confidence and Sino-US tensions still running high, investor sentiment took a turn for the defensive during the second week of September. US Bond and Equity Funds absorbed a combined $33 billion, with the latter posting their biggest weekly inflow since 1Q19, while redemptions from Emerging Markets EquityEurope Bond and Alternative Funds hit six, 12 and 25-week highs respectively.

Graph depicting 'Cumulative monthly dividend equity fund flows, in US million dollars, by geofocus from 2012 to date'.

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