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

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...