According to Refinitiv Lipper data, U.S. equity funds faced outflows of $1.41 billion, compared with $5.45 billion worth of net selling in the previous week.
GRAPHIC: Fund flows: US equities, bonds and money market funds- https://fingfx.thomsonreuters.com/gfx/mkt/zdpxobxjzvx/Fund%20flows%20US%20equities%20bonds%20and%20money%20market%20funds.jpg
Data released this week showed U.S. consumer prices accelerated faster than economists had forecast, as the CPI jumped 9.1% in the 12 months to June, bolstering the case for more Fed rate hikes.
On Thursday, both JPMorgan Chase & Co and Morgan Stanley reported a slump in profits for the second quarter, and warned of an impending economic slowdown.
U.S. small- and mid-cap funds recorded outflows worth $2.38 billion and $81 million, respectively, but large-cap funds gained $1.98 billion in inflows.
GRAPHIC: Fund flows: US growth and value funds- 
Among sector funds, consumer discretionary, tech and industrials lost $715 million, $403 million, and $307 million, respectively, in outflows, while utilities had purchases worth $298 million net.
GRAPHIC: Fund flows: US equity sector funds- 
Meanwhile, safer money market funds gained about $10 billion in the second straight week of net buying.
Data showed investors withdrew $705 million out of U.S. bond funds after net purchases of $2.72 billion in the week before.
Investors disposed of U.S. short/intermediate investment-grade funds of $3.32 billion, while loan participation funds suffered outflows of $1.29 billion in a sixth consecutive week of net selling.
Meanwhile, U.S. short/intermediate government and treasury funds obtained $1.65 billion in net buying, after posting small outflows in the previous week.
GRAPHIC: Fund flows: US bond funds- 
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Shinjini Ganguli)
