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Fund markets left bleeding after September outflow matches pandemic purge

September was a tough month for the global stock exchanges as clients dropped equity funds, Nordnet in Norway reports.

Bjørn Erik Sættem, savings economist at Nordnet

In September, the net outflows of equity funds made by Nordnet clients totaled NOK 662m (EUR 63m), almost equaling the equity exodus in the ”corona month” of March 2020.

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