Industry Updates

On US tech stocks, performance doesn't match flows

David Tuckwell


Investors are still worried about US technology stocks, with ETFs linked to this segment experiencing outflows of more than €1bn on Monday.

Data from ETF research platform TrackInsight shows total AUM in tech stocks has fallen to €74bn, despite a positive performance from the sector the past few days. That AUM is collapsing while performance is improving suggests investors expect this uptick to be short-lived.

Monday's outflows came on the heels of even greater outflows last week, where the segment saw redemptions of nearly €1.8bn on Monday 12th.


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