U.S. equity funds took a beating in the week ended Feb. 1, posting cash outflows of $1.8B,...

|By:, SA News Editor

U.S. equity funds took a beating in the week ended Feb. 1, posting cash outflows of $1.8B, ICI reports. That’s a big reversal from the week before when investors steered $850M into U.S. stock funds. Bond funds continued to attract the most investors, drawing $7.5B in fresh inflows; nearly $5.9B went to taxable bond funds with the rest going to municipal bond funds.