Global equity fund inflows ease on worries over Fed independence
Donald Trump
Global equity funds witnessed a dip in demand in the week through August 27 on concerns around the Federal Reserve's independence as President Donald Trump attempted to fire a Federal Reserve governor. According to LSEG Lipper data, global equity funds received just $2.96 billion in inflows during the week, the smallest amount since a $7.64 billion weekly outflow in the week to August 6. European equity funds saw a net $876 million weekly purchase when compared with approximately $9.88 billion
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