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Outflows from equity funds reached a new record in August as investors continue to fear macroeconomic headwinds

Asset Management Correspondent

Investors have pulled more than £4bn from equity funds so far this year amid growing concerns of "pernicious and persistent" inflation.

August's outflows reached a new monthly record, according to figures from Calastone, which tracks money entering and leaving funds in the UK from financial advisers, fund supermarkets and wealth managers.

Equity funds bleed more than £4bn as bear market rally fails to calm investors

David Ricketts

Finance

Investing

Stock Market

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The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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