Global equity funds experienced $23.2 billion in outflows during the week ending September 16th, marking their largest weekly exodus in nine months, according to data from Reuters/LSEG Lipper. US funds drove the decline with $31.4 billion in withdrawals, the fourth consecutive weekly outflow.
US equity funds have now posted outflows in four straight weeks. The total two-week outflow across global markets reached $45.0 billion when combined with the prior week's figure. Last time a single week saw outflows of comparable scale was December 17, 2025.
The regional split showed stark contrasts. US funds accounted for most of the selling pressure at $31.4 billion in withdrawals. European funds posted $295 million in outflows. Asia-focused funds bucked the trend, recording $6.3 billion in inflows during the same period.
Technology funds remained an exception to the broader retreat. Tech-focused equity funds attracted $1.9 billion in inflows during the week, continuing a pattern of investor demand that has held for at least the last 12 weeks. No other sector category posted comparable inflow figures during the period.
The outflows come amid broader market uncertainty. Investors are rotating capital away from traditional equity exposure while maintaining allocation to technology equities. The concentration of US fund outflows in a period of four consecutive weekly withdrawals shows sustained pressure on domestic equity allocations.
US funds have seen outflows in one-quarter of all weeks this year, though the consecutive four-week streak is the longest recent stretch of sustained withdrawal. The magnitude of this week's outflow relative to historical averages will determine whether the exodus reflects tactical rebalancing or a shift in longer-term positioning.
The document to watch is next week's fund flow data from Reuters/LSEG Lipper on whether the US fund outflow streak extends to five consecutive weeks.
