June 28, 2018 / 9:48 PM / 5 months ago

U.S.-based equity funds post $20 bln outflows, largest since February -Lipper

NEW YORK, June 28 (Reuters) - Investors in U.S.-based equity funds pulled $20 billion of cash in the week ended June 27, the largest outflows since February, according to Lipper data on Thursday, as concern over global trade tensions lingered.

U.S.-based high-yield bonds posted $1.1 billion of cash withdrawals in the week ended June 27, the group's second consecutive week of outflows, Lipper said. (Reporting By Jennifer Ablan)

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