MutualFundWire.com
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Thursday, August 16, 2007 Investors Pulling Dollars From Emerging Market Funds Amid Market Worries The shaky market has prompted investors to withdraw $627 million from emerging-market stock funds for the week ended Tuesday, this is in addition to the $2 billion removed the week before. Bloomberg, citing data from Emerging Fund Portfolio Research Inc., reports that the beneficiaries of the shift to safer assets are money-market accounts and large-company U.S. equities. Printed from: MFWire.com/story.asp?s=15418 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |