News From Press Equity AUMs shrink as markets saw biggest-ever monthly fall in 21 months

Equity AUMs shrink as markets saw biggest-ever monthly fall in 21 months

Source: Business Standard Dec 6, 2021

Assets under management (AUM) of prominent equity sub-categories shrank in November as markets saw their biggest-ever monthly fall in 21 months. Concerns around the spread of the Omicron variant, US Federal Reserve’s hawkish turn, and sharp selling by foreign portfolio investors (FPIs) were some of the factors that weighed on market performance.

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