Outflows from U.S. equity funds show no signs of letting up, according to the latest statistics from the Investment Company Institute. For the week ended Aug. 1, investors pulled an estimated $5.68 billion from funds that invest long-term in U.S. equities, more than twice the $2.13 billion they withdrew the week before. Since the beginning of the year, U.S. stock funds have lost more than $64 billion in outflows.
Non-U.S. equity funds also took a hit, losing an estimated $1.22 billion for the week, their largest outflow since mid June.
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