May 10, 2018 / 10:10 PM / 14 days ago

U.S. investors cash out of emerging market stock funds -Lipper

NEW YORK, May 10 (Reuters) - U.S. fund investors walloped emerging market stock funds with $870 million in withdrawals, the most since November 2016, weekly data from Lipper showed on Thursday.

Short-term corporate bond funds pulled in $1.1 billion, marking the most new cash for the category since September 2017, the research service’s data showed. (Reporting by Trevor Hunnicutt; Editing by Cynthia Osterman)

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