Investors rend well-nigh money of 2016 from U.S. taxable tie funds -Lipper
By Reuters
Published: 23:08 BST, 16 June 2016 | Updated: 23:08 BST, 16 June 2016
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NEW YORK, June 16 (Reuters) - Investors pulled $3.1 million from U.S.-founded taxable hamper monetary resource in the week that terminated June 15, memek Lipper data showed on Thursday, delivering pecuniary resource that consume been popular this class their largest withdrawals since December.
Stock cash in hand as well sank, with investors pull $3.4 1000000000000 from those listed in the Conjunctive States, the data showed, adding to a selloff of the finances that has lasted nigh of this twelvemonth. Investors withdrew $13.6 1000000000 from relatively low-run a risk money-food market funds. (Coverage by Trevor Hunnicutt; Redaction by Leslie Adler)