Equity Funds See $11.57B In Outflows

Investors withdrew $11.57 billion from global equities in the week ended October 5.

Investors withdrew $11.57 billion from global equities in the week ended October 5, Reuters reports. Data from EPFR Global showed that developed Europe equity funds witnessed a net outflow of $390 million, whereas German equity funds saw outflows of $29 million.

The U.S. equity funds suffered net outflows of $5.92 billion and Japan $74 million in net redemptions. Emerging markets saw equity outflows of $3.31 billion.

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