HY FUNDS CONTINUE TO SEE RECORD OUTFLOWS
HY funds have continued to record outflows (34th consecutive week). Outflows have accelerated over the past week, as last week's outflow has been the highest in 17 weeks.
Looking into the domicile breakdown, European-focused funds have recorded the largest outflows. Outflows from US and globally-focused funds were also sizable but marginally less impacted.
