September 6, 2018 / 9:42 PM / 7 months ago

U.S.-based money market funds attract $11.84 bln in latest week -Lipper

NEW YORK, Sept 6 (Reuters) - U.S.-based money market funds attracted $11.84 billion in the week ended Wednesday, following outflows of $6.39 billion in the previous week, Lipper data showed on Thursday, indicating investors’ appetite for risk-taking waned as talks between the United States and Canada to renegotiate the North American Free Trade Agreement continued.

U.S.-based equity funds posted $7.2 billion of outflows in the week ended Wednesday, following two weeks of inflows, Lipper said. U.S.-based taxable bond funds posted over $1.1 billion of outflows in the week ended Wednesday, following four weeks of inflows, according to Lipper. (Reporting By Jennifer Ablan; editing bu Diane Craft)

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