Investors Rip Most Money Of 2016 From U.S. Taxable Bond Funds -Lipper

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Investors commit just about money of 2016 from U.S. nonexempt attachment pecuniary resource -Lipper
By Reuters

Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016









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NEW YORK, June 16 (Reuters) - Investors pulled $3.1 one thousand million from U.S.-founded nonexempt trammel cash in hand in the week that terminated June 15, Lipper information showed on Thursday, delivering finances that take been popular this year their largest withdrawals since Dec.

Stock funds besides sank, kontol with investors pulling $3.4 one thousand million from those enrolled in the Conjunctive States, the information showed, adding to a selloff of the monetary resource that has lasted virtually of this class. Investors withdrew $13.6 million from comparatively low-chance money-market finances. (Reporting by Trevor Hunnicutt; Redaction by Leslie Adler)