The long stretch of steady inflows that U.S. stock mutual funds enjoyed since the beginning of the year came to an abrupt end in late February, according to the latest statistics from the Investment Company Institute. For the week ended Feb. 27, investors pulled an estimated $1.13 billion from mutual funds that invest long-term in U.S. equities, giving the funds their first weekly outflow this year.
Inflows to non-U.S. stock funds, meanwhile, plummeted to an estimated $2.18 billion, down 37% from $3.47 billion a week earlier.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access