Investors Draw Nigh Money Of 2016 From U.S. Taxable Hamper Finances -Lipper

Investors commit nigh money of 2016 from U.S. taxable Julian Bond monetary resource -Lipper
By Reuters

Published: 23:08 BST, rental loadbank 16 June 2016 | Updated: 23:08 BST, 16 June 2016









e-send



NEW YORK, June 16 (Reuters) - Investors pulled $3.1 million from U.S.-based nonexempt stick to finances in the hebdomad that ended June 15, Lipper data showed on Thursday, delivering finances that take been popular this twelvemonth their largest withdrawals since December.

Stock pecuniary resource besides sank, with investors pull $3.4 billion from those listed in the Concerted States, the data showed, adding to a selloff of the cash in hand that has lasted well-nigh of this year. Investors withdrew $13.6 billion from comparatively low-hazard money-food market cash in hand. (Reporting by Trevor Hunnicutt; Editing by Leslie Adler)