LONDON—Sovereign wealth funds (SWFs) pulled $5.7 billion from stock and bond strategies managed by external asset managers in the second quarter, data from research firm eVestment showed on Aug. 21, as trade tensions rocked financial markets.
Sovereign investor redemptions from third-party asset managers have been relentless since the third quarter of 2014, apart from a modest $567.9 million of inflows in the first quarter of this year.
