Traders work on the floor of the New York Stock Exchange during morning trading on January 17. US stocks have suffered US$5 billion of fund outlfows this year. Photo: AFP
Traders work on the floor of the New York Stock Exchange during morning trading on January 17. US stocks have suffered US$5 billion of fund outlfows this year. Photo: AFP

Goldman strategists say funds are switching to non-US assets on weaker dollar, China reopening bets

  • US equities suffered US$5 billion of outflows in the first two weeks of the year as investors switched to assets in Europe, China and other emerging markets
  • There is a case for ‘a more meaningful acceleration’ in non-US flows with better returns past the dollar peak

Traders work on the floor of the New York Stock Exchange during morning trading on January 17. US stocks have suffered US$5 billion of fund outlfows this year. Photo: AFP
Traders work on the floor of the New York Stock Exchange during morning trading on January 17. US stocks have suffered US$5 billion of fund outlfows this year. Photo: AFP
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