💱REFINITIV FUND FLOWS

🇺🇸U.S. Funds Flows

• Outflows of $10.4 billion in U.S. equity funds in the week, the most in six weeks

• Financial sector funds saw net selling of $2.4 billion. Tech sector funds drew in $1.6 billion, the biggest weekly net inflow in five months

• U.S. government and municipal funds worth a net $3.1 billion in the week.

• U.S high-yield bond funds saw outflows of $1 billion. U.S. money market funds received a net $4.64 billion, after six straight weeks of inflows.

🌐Global Funds Flows

• Global equity funds saw net outflows of $5.9 billion in the week, led by a $10.4 billion outflow from U.S. equity funds

• Asian and European equity funds, however, saw net inflows of $2.8 billion and $0.6 billion respectively.

• Cyclical sectors such as financials and industrials witnessed net outflows worth $2.6 billion and $1.4 billion respectively

• Tech sector funds drew a net inflow of $2.3 billion, the biggest in more than four months. I

• Investors seeking lower-risk piled $3.8 billion into government bond funds, the most since the week ended February 3. Riskier high-yield bond funds, however, faced outflows worth $2 billion

• Global money market funds recorded a net inflow of $5.5 billion in the week, after facing a combined outflow of $148.5 billion in the previous five weeks.

• Energy sector funds saw marginal inflows, in contrast to precious metal funds. An analysis of 23,669 emerging market funds showed bond funds received a net $954 million, and equity funds $318 million.