MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 22, 2002 Jumping Ship Investors are giving up hope in mutual funds, at least according to an article in today's Wall Street Journal. The article quotes a financial advisor who opines, "Fear is rampant." Many investors have decided that they have too much of their assets in stocks and are looking for other investment options. Over the past nine weeks, investors have taken nearly 2.4 percent of assets under management out of mutual funds. In October 1997, investors redeemed 3.1 percent of assets under management. Printed from: MFWire.com/story.asp?s=3139 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |