Friday, November 25, 2016

UPDATE 1-Rotation from U.S. bond funds to stocks slows -Lipper

(Adds data on mutual funds and ETFs, investor quote, table,

byline)

By Trevor Hunnicutt

NEW YORK, Nov 25 (Reuters) - Investors pulled more money

from U.S.-based bond funds during the latest week, Lipper data

showed on Friday, adding to an onslaught following the U.S.

presidential election.

But the $595 million snatched from the bond funds over the

seven days through Wednesday is minor compared with the $9.7

billion they withdrew the week before, data from Lipper and the

Investment

Read more

No comments:

Post a Comment