t**********s 发帖数: 2968 | 1 U.S.-based stock funds post $21.6 billion withdrawals during week: Lipper
NEW YORK (Reuters) - U.S.-based stock funds posted $21.6 billion in
withdrawals during the latest week, Lipper data showed on Thursday, adding
to a trend of outflows from actively managed mutual funds that has lasted
much of the year.
Taxable bond funds recorded $2 billion in outflows during the latest week,
the data through Dec. 21 showed, a smaller level of withdrawals than the $5.
8 billion pulled the week prior.
Investors have pulled money from stock mutual funds despite a strong rally
since the U.S. presidential election. The stock gains are based on a premise
that President-elect Donald Trump will enact policies that spur
infrastructure spending and inflation while cutting financial regulatory red
tape.
As a result, U.S. stock prices have helped push the Dow Jones Industrial
Average within arm's reach of the 20,000 milestone.
While benchmark indexes have gained ground, the Lipper data nonetheless
showed a 41st consecutive week of withdrawals from stock mutual funds, many
of which are actively run by portfolio managers seeking to beat the market.
Many exchange-traded funds, which merely track a market index, have been
attracting money this year. But in the latest week, as investors settle up
portfolios for year-end accounting, these funds also suffered net
withdrawals.
The data this past week may overstate the degree of outflows because of end-
of-year payouts by funds that are typically then reinvested quickly and will
likely show up in future weeks as an inflow, a Thomson Reuters Lipper
analyst said. |
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