Global equity funds recorded heavy disposals in the week ended Aug. 31, on concerns that major central banks would continue to hike rates, with inflation levels showing no signs of abatement. Investors jettisoned global equity funds worth $21.41 billion, posting their biggest weekly net selling since the week ended June 15, data from Refinitiv Lipper showed. Also Read| US Stocks: Futures tick lower ahead of monthly jobs report Economic data from the euro zone this week signalled the region’s inflation scaled a record high in August, while another set of numbers from the United States showed that job openings had …
