Investors pulled roughly $60 billion from stock funds in the third quarter, marking the largest equity outflow since 2009, according to Morningstar data cited by the Wall Street Journal. The trend follows summer volatility in equity markets as global economic slowdown and trade tensions. Bonds took in more than $118 billion in the third quarter, and money markets added $225 billion in investor capital. Management firms have seen new competition in recent months as trading platforms slash commission fees and robo-advisors offer high-yield savings accounts. Visit the Business Insider homepage for more stories.