Outflows from U.S. stock funds slowed in late June, according to statistics released today from the Investment Company Institute. For the week ended June 27, investors pulled an estimated $1.46 billion from mutual funds that invest long-term in U.S. equities, down 21% from the previous week’s $1.85 billion outflow.
Meanwhile, global equity funds attracted an estimated $362 million in inflows for the week, up slightly from the $327 million they took in a week earlier.
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