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Technology funds posted record outflows of $9.3 billion last week. U.S.-focused funds accounted for most of the redemptions while global funds saw inflows.
investopedia.comTechnology funds recorded outflows of $9.3 billion in the most recent week, a record amount according to data compiled by Deutsche Bank. -focused technology funds losing $8.5 billion while global technology funds attracted $14.4 billion. Equity positioning in technology funds slipped slightly below neutral during the period.
Investors reduced exposure to concentrated U.S. technology holdings as flows shifted toward broader global strategies. The divergence highlights differing regional preferences among investors allocating to technology assets.
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