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U.S. stock funds post biggest weekly outflow since September -Lipper

· 02/04/2021 15:41
U.S. stock funds post biggest weekly outflow since September -Lipper

- U.S. -based stock funds in the week ended Wednesday shed $12.4 billion, the biggest outflow since September, according to Lipper.

U.S. taxable bond funds attracted $12 billion, which was biggest weekly inflow since October, while money market funds shed $12.7 billion, marking the largest outflow in seven weeks, Lipper data showed on Thursday.

U.S. municipal bond funds attracted $1.6 billion, the 13th straight weekly inflow.


(Reporting by Alden Bentley; Editing by Leslie Adler)

((alden. bentley@thomsonreuters.com; 646-223-6041;))