US equity funds saw a fourth consecutive week of outflows as rising oil prices, inflation concerns and expectations of further Federal Reserve rate hikes weighed on investor sentiment. Investors withdrew $31.44 billion, led by large-cap funds, while sector funds attracted fresh money. Bond fund inflows also eased during the week.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.