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U.S.-based stock funds post $5.9 bln outflows in week -Lipper
January 22, 2015 / 10:02 PM / 3 years ago

U.S.-based stock funds post $5.9 bln outflows in week -Lipper

NEW YORK, Jan 22 (Reuters) - Investors in U.S.-based funds pulled $5.9 billion out of stock funds in the week ended Jan. 21, data from Thomson Reuters' Lipper service showed on Thursday.

Exchange-traded funds, thought to represent the behavior of institutional investors, saw net outflows of $4.9 billion. Investors in mutual funds, thought to be largely retail investors, pulled out $995 million.

In contrast, taxable bond funds saw net inflows of $2.3 billion, their third straight week of net new cash.

Reporting by Luciana Lopez

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