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

Viewpoints
Op-Ed: Whither valuation guidance?

The Securities and Exchange Commission should issue valuation guidance for investment companies. When I was chief counsel in the SEC's Division of Investment Management from 1997 ...