In the Margins

Investors pull money from stock funds as Fed meeting approaches

August 26, 2016

By Reuters

Investors withdrew $6.4 billion from U.S.-based stock funds during the week ended Aug. 24, data from Lipper shows. The outflows are the last data showing U.S. fund investors' behavior before Federal Reserve Chair Janet Yellen speaks at an annual central bankers' conference in Jackson Hole, Wyo. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...