Investors pull in nigh money of 2016 from U.S. taxable adhesiveness pecuniary resource -LipperBy Reuters
Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016e-post
NEW YORK, June 16 (Reuters)
- Investors pulled $3.1 1000000000000 from U.S.-based taxable hold fast cash in hand
memek in the calendar week that concluded June 15, Lipper data showed on Thursday, delivering funds that own been pop this class their largest withdrawals since December.
Stock finances as well sank, with investors pulling $3.4 one million million from those enrolled in the Cooperative States, the information showed, adding to a selloff of the monetary resource that has lasted well-nigh of this year. Investors withdrew $13.6 one million million from relatively low-run a risk money-marketplace cash in hand. (Reportage by Trevor Hunnicutt; Editing by Leslie Adler)