With Russia’s invasion of Ukraine heading into its third week, investors stepped up their exodus from Europe Equity Funds during the seven days ending March 9. Those tracked by EPFR saw weekly redemptions exceed $10 billion for the first time ever as combined outflows from Europe Equity and Bond Funds since Russia’s attack started on Feb. 24 climbed past the $25 billion mark.
Quants Corner – Signs of a thaw for Club Med
Portugal, Ireland, Italy, Greece and Spain were hit badly in Europe’s 2009 sovereign debt crisis. However, equity funds dedicated to the Club Med are recovering in 2021.