Investors Twist Nigh Money Of 2016 From U.S. Taxable Bind Finances -Lipper

Investors draw all but money of 2016 from U.S. taxable bond finances -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 billion from U.S.-based nonexempt shackle funds in the hebdomad that ended June 15, Lipper data showed on Thursday, delivering pecuniary resource that bear been popular this twelvemonth their largest withdrawals since December.

Stock finances likewise sank, with investors pull $3.4 one million million from those enrolled in the United States, the data showed, memek adding to a selloff of the finances that has lasted well-nigh of this class. Investors withdrew $13.6 1000000000 from relatively low-danger money-market cash in hand. (Coverage by Trevor Hunnicutt; Redaction by Leslie Adler)