In the Margins

Investors pull money from funds as stocks, bonds stumble

September 21, 2016

By Reuters

Money pulled out of U.S.-based mutual funds last week was the most since the Brexit vote, according to the Investment Company Institute. Mutual funds and exchange-traded funds shed $4.1 billion overall in the week through Sept. 14, ICI said, as stocks and bonds alike stumbled and investors debated whether central banks would continue to support markets. Read the original story from Reuters.

 

 

 

Most Read

Top of the Agenda - Industry Groups
IDC's Amy Lancellotta to retire at year-end

Amy Lancellotta will retire from the Independent Directors Council at the end of this year after 13 years as managing director and a total of 30 ...