Investors pump US $ 10bn into U.S. stock funds during weekly period

1 January 2016 06:30 pm - 0     - {{hitsCtrl.values.hits}}

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REUTERS: Investors pumped US $ 10 billion into U.S.-based stock funds in the week that ended December 30, Lipper data showed on Thursday, showing willingness to take on risk at the end of a year that has delivered slim gains to financial markets.
U.S. taxable bond funds posted US $ 1.8 billion in outflows during the same week, Lipper data showed, the sixth straight week of outflows. Money-market funds took in nearly US $ 17 billion in new money during the week, according to the fund data service.

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