Investors pulled a record weekly amount out of U.S. equity funds and put a record amount into U.S. bond funds, according to Citi Research data released Friday. In the week ended Feb. 5, investors withdrew net $28.3 billion from equity funds and put $14.8 billion into bond funds, according to the report, which cites EPFR data. Some 95% of the money yanked from stock funds came out of exchange-traded funds, Citi said. Lipper said the ETF withdrawals included a $7.6 billion net outflow from the SPDR S&P 500 ETF Trust . Investors also pulled $6.4 billion from emerging markets funds, including the 15th week of outflows for EM equity funds, according to Citi.
Source: Marketwatch
Source: Marketwatch
