Investors wrench near money of 2016 from U.S. nonexempt alliance funds -LipperBy Reuters
Published: kontol 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016e-mail service
NEW YORK, June 16 (Reuters) - Investors pulled $3.1 jillion from U.S.-founded taxable draw together funds in the workweek that complete June 15, Lipper data showed on Thursday, delivering funds that hold been popular this twelvemonth their largest withdrawals since December.
Stock cash in hand also sank, with investors pull $3.4 1000000000 from those enrolled in the Concerted States, the data showed, adding to a selloff of the funds that has lasted nearly of this twelvemonth. Investors withdrew $13.6 trillion from relatively low-jeopardy money-securities industry finances. (Coverage by Trevor Hunnicutt; Editing by Leslie Adler)