During the week ending 7 July, emerging market debt was the only asset class to see outflows, according to data from TrackInsight, as investors once again moved back into US large-cap stocks following weeks of outflows.
Investors appeared to shrug off news about US President Donald Trump's son, Donald Trump Jr., as US large-cap stock ETFs saw the largest inflows of the week with €1.8bn. Last week, The New York Times reported Trump Jr. arranged a meeting with a Russian official during the US election campaign, who promised him "dirt" on Democratic candidate Hillary Clinton. ETF snapshot: Outflows from small-cap equities accelerate Global stocks saw the second largest inflows this week with €1.2bn, while small-cap equities reversed the outflow trend of the last two weeks with inflows of €354m. Th...
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