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ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against Sustainable Investing /
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2024-07-04 09:00:11

ESG Fund Managers in US Experience Worst Quarterly Outflows Amid Backlash Against Sustainable Investing on Nostr: Foreign investors pour billions into Asian stocks on US rate outlook and tech rally ...

Foreign investors pour billions into Asian stocks on US rate outlook and tech rally
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#722a3d81 ver:0.22

Foreign investors are pouring billions into Asian stocks as they anticipate US interest rate cuts and benefit from the tech rally. US equity funds experienced the largest weekly outflow in 18 months, while Asian equities saw a net inflow of $7.16 billion in June. Investors are cautious, allocating to cash and safer assets like US treasuries and investment-grade bonds. Thai stocks recorded major outflows, while Indian, South Korean, and Taiwanese markets attracted significant foreign funds. The trend for the rest of the year will depend on the Federal Reserve's rate comments. #AsianStocks #USInterestRates #TechRally...

#newstr #UsRateOutlook #TechRally #AsianStocks #ForeignInflows

https://here.news/story/722a3d81?ver=0.22
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