(Reuters) – Investors divested equity funds on a large scale in the week to September 17 to lock in profits as an extended record-setting rally in global stocks amid an interest rate cut by the Federal Reserve raised investor caution around the stock market’s lofty valuations. Investors disinvested a net $38.66 billion worth of global…
(Reuters) -Global equity funds registered their first weekly outflow in five weeks through September 10 as investors locked in profits and trimmed their risk exposure. Major equity markets hit fresh record highs this week, supported by expectations the U.S. Federal Reserve will deliver three rate cuts this year. But political uncertainty in France and Japan,…
(Reuters) -U.S. investors dumped equity funds in the week to September 10, booking profits at record highs and cutting exposure on caution over lofty valuations and geopolitical tensions in the Middle east and Ukraine. According to data from LSEG Lipper, investors divested a net $10.44 billion worth of U.S. equity funds – the most since…