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GUM: US Equity Funds See Net Outflows of $6B in Single Mth
Recommend 8 Positive 14 Negative 4 |
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In March, the top five asset classes with the highest net fund outflows in the MPF market, in order, were 'United States Equity Fund', 'Global Equity Fund', 'Other Equity Fund', 'European Equity Fund' and 'Mixed Asset Fund (60-80% Equity)', according to MPF consultant GUM. US equity funds saw a sharp decline in appeal, with recording a $6 billion outflow in a single month, driven by high valuations and uncertainty over tariff policies, making them the asset class with the highest net outflows in March and YTD. AAStocks Financial News |
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