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 - Compensation
Fund CCOs continue to see pay increases

Mutual fund chief compliance officers saw notable increases in pay again in 2018, though they did not receive as big a pay bump as they did ...

10 Things
10 Things...to read in summer 2019

Hello, Summer 2019! Today's solstice marks the beginning of the season, and that—hopefully—means a slower pace for a few months. Trips to the beach, time on ...

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...