Investors puff to the highest degree money of 2016 from U.S. taxable alliance cash in hand -Lipper
By Reuters
Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016
NEW YORK, June 16 (Reuters) – Investors pulled $3.1 zillion from U.S.-based nonexempt bind monetary resource in the week that over June 15, Lipper information showed on Thursday, delivering finances that sustain been pop this year their largest withdrawals since December.
Stock monetary resource as well sank, with investors pull $3.4 million from those enrolled in the United States, cibai the information showed, adding to a selloff of the funds that has lasted well-nigh of this year. Investors withdrew $13.6 trillion from comparatively low-hazard money-market funds. (Reportage by Trevor Hunnicutt; Redaction by Leslie Adler)
