News Digest:

An across-the-board investor flight to safety in the wake of Russia’s invasion of Ukraine triggered net outflows worth $13.09bn from global equity funds during the week ended March 2, their biggest weekly net selling since December 15.

Takeaway:

According to Refinitiv Lipper figures, the scramble for safe havens amid the geopolitical tensions in Eurasia saw money market funds attract $15.9bn of inflows, their highest net purchases in eight weeks.

End Notes

Source: https://www.reuters.com/business/finance/global-markets-flows-graphic-2022-03-04/