Global equity funds lost a net $23.21 billion in the week through September 16, the largest weekly outflow in nine months. US equity funds accounted for $31.44 billion of withdrawals, their fourth consecutive negative week; Asia still attracted $6.26 billion. Money-market funds also lost $77.42 billion, while global bond inflows slowed to $855 million, their weakest since April. Reuters’ flow breakdown
The interesting counterweight is that sector funds gained $4.49 billion, led by technology, financials and consumer discretionary, and precious-metals funds took in $1.17 billion. This looks less like a single risk-off vote than a reduction in broad-market exposure alongside selective buying. The figures cover reported fund flows, not every investor balance sheet, and they arrive in a week shaped by the Fed decision and oil-price anxiety. Still, the regional and sector dispersion is more informative than the headline outflow alone.