Huge Equity Funds Outflow Has Awkward Echoes of 1998 Asian Crisis

(Financial Times) Increasing concern about the effect of a possible trade war between the US and China has forced investors in equity funds to head for the exits. Investors pulled $29.7bn from equity funds in the week ended June 27, the second largest weekly outflow since the beginning of the millennium, according to data provider EPFR.

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