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Jan 23 (Reuters) - U.S. equity funds faced outflows successful the week done January 21 arsenic investors reduced hazard vulnerability connected concerns astir President Donald Trump's tariff threats against European nations implicit Greenland.
Investors pulled a nett $5.26 cardinal from U.S. equity funds, partially reversing the astir $28.17 cardinal of nett purchases made the erstwhile week.
Trump stepped backmost from the tariff threats against 8 European countries connected Wednesday and ruled retired seizing Greenland by force.
U.S. large-cap, small-cap and mid-cap funds recorded nett outflows of $12.94 billion, $2.1 cardinal and $1.21 billion, respectively, successful the latest week.
Sector funds, meanwhile, logged a nett $3.3 cardinal successful play inflows, led by financials, metals and mining, and healthcare funds, wherever investors bought a nett $1.5 billion, $904 cardinal and $615 million, respectively.
Weekly nett investments successful U.S. enslaved funds eased to a three-week debased of $5.9 billion. Short-to-intermediate investment-grade funds saw stronger demand, drafting in a nett $3.05 billion, a 44% leap from the $2.11 cardinal taken successful the anterior week.
General home taxable fixed-income funds, municipal indebtedness funds, and short-to-intermediate authorities and Treasury funds attracted a nett $1.1 billion, $994 cardinal and $827 million, respectively.
Money marketplace funds recorded a 2nd consecutive week of outflows, with investors withdrawing a nett $34.93 billion.
(Reporting by Gaurav Dogra. Editing by Mark Potter)
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