Views Article – Sharenet Wealth

News, North America

U.S. equity funds post $6.1 billion weekly outflow -Lipper

Aug 6 (Reuters) – U.S.-based stock funds in the week ended Wednesday posted a $6.1 billion outflow, according to Lipper.

U.S. taxable bond funds attracted $9.2 billion, the seventeenth straight weekly inflow, and money market funds shed $216 million in the latest week, Lipper data showed on Thursday. (Reporting by Alden Bentley)

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.