Investors ditch US-based domestic equity funds for 2nd straight week - Lipper

The US-based domestic equity funds witnessed outflows to the tune of $506 million - its second straight week of outflows - according Lipper data.

Meanwhile, US-based corporate-grade funds attracted $1.5 billion for the week and the emerging market equity funds based in the United States witnessed an inflow for the fourth straight week, adding $223 million.