In the Margins

Investors pull $6b from stock funds

May 19, 2017

By Reuters

U.S. fund investors pulled $6 billion from domestic-focused stock funds in the week ended Wednesday, a third straight week of outflows, Lipper data showed on Thursday, amid upheaval for the Trump administration and fears that Washington will not enact market-boosting policies. "It was basically a flat, non-eventful week, until yesterday when all hell broke loose," said Pat Keon, senior research analyst for Thomson Reuters' Lipper unit. Read the original story from Reuters

 

 

 

Most Read

Top of the Agenda - Governance
Q&A: Back to the future of work

Now that summer is officially here, folks are beginning to look forward to the fall and wondering when (or if) things will go back to some ...

Top of the Agenda - Regulatory
In-person voting relief extended through year-end

Mutual fund boards can continue conducting business—including voting on contract approvals and renewals and other important matters—virtually through the end of 2020, according to the Securities ...