This is most evident in the outflow volumes from US equity strategies, with Investment Week exclusive data revealing that US mutual funds and ETFs lost $22bn between 1 and 21 March, as Trump’s tariffs began to bite.
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According to LSEG Lipper, the amount of US funds’ bleeding in March marked a staggering departure from the previous month, when US equities attracted $33bn of inflows.
European equity funds attracted $8.6bn in the first three weeks of March, significantly up from the $5.7bn for the whole of February.
A…
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