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 29, 2002 Equity Redemptions Take Off In June, redemptions from U.S. stock funds exceeded investments by approximately $14 billion. Meanwhile, bond funds had a net increase of approximately $10 billion. This is according to data from Financial Research Corp. and reported in today's Wall Street Journal. There is a concern that these redemptions indicate that investors are chasing performance again. This could force fund managers to sell shares to service these redemptions which could create a cycle wherein selling begets more selling. Printed from: MFWire.com/story.asp?s=3193 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |