investors have withdrawn $27 billion from European funds since the beginning of 2023 – Kommersant
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Since the beginning of 2023, investors have withdrawn $27 billion from European funds. Investors began to give preference to American funds. This was reported Bloomberg citing data from Bank of America.
According to Bloomberg, over the past seven days, $4.6 billion has been withdrawn from European funds. The outflow of investments in Europe has been observed for the 16th week in a row, writes Bloomberg. Europe was also the only major region to experience an outflow of investment in June.
According to Bloomberg, citing economists, investors began to choose US funds, as the US economy seems to them more stable amid fears due to a reduction in global economic growth.
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