UPDATE 2-U.S.-based equity funds post $12.27 bln outflows amid U.S.-China trade tensions
Reuters
(Adds inflows into U.S.-based government-Treasury bond funds;table) By Jennifer Ablan May 16 (Reuters) – Investors rattled by lingering tradetensions between the United States and China pulled $12.27billion from U.S.-based equity funds in the week endedWednesday, according to data released by Refinitiv’s Lipperresearch service on Thursday. It was the category’s fourth consecutive week of outflows,Lipper data showed. Investors sought shelter from plummetingequity markets earlier in the week and Read the full story
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