U.S.-based funds investors pulled $4.8 billion out of stock funds in the week, the biggest outflows since mid-February, Thomson Reuters’ Lipper service data showed on Thursday.
Funds specializing in U.S. stocks posted $3.3 billion outflows, while funds specializing in non-U.S. stocks posted $1.5 billion in outflows. Taxable bond funds attracted $2 billion in new cash, their second straight week of inflows.
The material has been provided by InstaForex Company – www.instaforex.com