Thursday, March 31, 2016

Investors pull money from junk bonds; move into cash -Lipper

(New throughout; adds data for mutual funds and ETFs, byline) By Trevor Hunnicutt NEW YORK, March 31 (Reuters) - Risk aversion was on display in funds this week as investors poured $12.1 billion into U.S.-based money market funds and $112 million into U.S.-based corporate investment-grade bond funds with riskier junk bond funds posting withdrawals, Lipper data showed on Thursday. The shift came as U.S.-based stock mutual funds posted $4 billion in outflows and U.S.-based taxable b











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