Global equity funds shed $6.8 billion this month to June 15: TrimTabs

|By:, SA News Editor

Global equity funds shed $6.8B this month to June 15, largest monthly outflow since at least September 2016, according to TrimTabs Investment Research.

The demand for global equity funds turned negative in June amid a resurgent U.S. dollar and political turmoil in Europe.

Global equity funds trailed their U.S. counterparts in four of the first six months of the year, and are down 0.9% YTD, while U.S. equity funds have gained 5.6%.

Source: Investing.com

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