US Equity Funds Face Outflows on Growth Concerns: Lipper

US Equity Funds Face Outflows on Growth Concerns: Lipper
Global indices are displayed on a screen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City on Aug. 19, 2021. Andrew Kelly/Reuters
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U.S. equity funds faced an outflow in the week to Sept. 8, on concerns the spread of the Delta coronavirus variant could slow economic growth and uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies.

Data from Lipper showed U.S. equity funds faced an outflow of $1.85 billion in the week to Wednesday, compared with an inflow worth $11.18 billion in the previous week.