The Financials Large & Mid cap stocks segment on TrackInsight ended last week on a negative note with massive outflows of close to $ 600 million. This is the biggest withdrawal recorded on the primary market for this segment since March 16th, when the biggest economies imposed lockdowns, putting the global economy on pause. Since then, the 24 ETFs exposed to financial stocks indices recovered and jumped by almost 15% from their year-to-date low. Despite this rebound, the segment is still down by -27% so far in 2020, prompting investors to remain cautious. Overall since the start of the year, this segment has lost one-third of its total assets under management, under the impact of both negative returns and investors outflows. The segment’s AUM now stands at $ 19,3 Bn.