Real Estate Funds Suffer First Net Redemptions in 3 Months
Equity funds experienced net inflows of $4 billion for the week ending Wednesday,
Real estate funds reported the first net redemptions in 13 weeks, while the redemption rate of technology funds accelerated, according to AMG. Taxable bond funds experienced slight net inflows of $145 million, most of which went to investment grade corporate bond funds.
International and global debt funds continue to report redemptions, according to AMG. The percentage of these funds reporting net outflows was the highest since November 2000.
Money-market fund assets decreased by $1.62 billion to $2.126 trillion for the week ending Wednesday, according to the