Global equity funds see largest weekly outflow in nine months on inflation, Fed fears

Global equity funds recorded a net $23.21 billion outflow in the week to September 16, the largest in nine months, per LSEG Lipper data. The outflow is driven by oil-price-driven inflation concerns and expectations of a Fed rate increase, signaling a shift to risk-off sentiment. The magnitude of the outflow and its persistence will indicate whether this is a temporary repositioning or a sustained de-risking.