In the Margins

Stock funds see $2.2b in outflows

November 23, 2015

By Reuters

Stock mutual funds saw $2.2 billion in outflows in the week ending Nov. 18, Lipper data showed. Positive flows into exchange-traded funds overall were outweighed by strong mutual fund withdrawals as the market focused on the potential for a December interest rate hike by the U.S. Federal Reserve. Read the original story from Reuters.

 

 

Most Read

A Seat at the Table
Thrivent forms board to oversee new interval fund

Thrivent Financial is entering the interval fund business and has assembled a new board to oversee its first offering, the soon-to-be-launched Thrivent Church Loan & Income Fund. ...

Top of the Agenda - Legal
PIMCO 36(b) case dismissed

The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...