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U.S.-based stock funds attract $12 bln in latest week -Lipper

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U.S.-based stock funds attract $12 bln in latest week -Lipper Empty U.S.-based stock funds attract $12 bln in latest week -Lipper

Post by Cals Sat 30 Nov 2013, 16:56

U.S.-based stock funds attract $12 bln in latest week -Lipper
Business & Markets 2013
Written by Reuters   
Saturday, 30 November 2013 06:43
NEW YORK (Nov 30): Investors in U.S.-based funds poured $12 billion into stock funds in the week ended Wednesday, marking the biggest inflows into the funds in five weeks, data from Thomson Reuters' Lipper service showed on Friday.
Japanese stock funds attracted $691 million in new cash in the week ended Nov. 27, marking their biggest inflows since July. Taxable bond funds, meanwhile, attracted just $141.5 million after outflows of $430 million the previous week.
Money market funds attracted $3.1 billion, marking their second straight week of inflows. Investors pulled $868 million out of commodities and precious metals, marking their biggest weekly outflows since July. - Reuters 
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