News Digest: Global equity funds suffer largest weekly redemptions since mid-Dec

March 23, 2022

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.



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.



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