Following a record January
for the fund industry, inflows for stock funds continued to bring in money, reported Reuters
The total net inflows for all stock mutual funds was $5.77 billion in the first week of February, the fifth straight week in inflows.
US stock funds didn't fare quite as well, with flows of $683 million, down from $3.52 billion the week before.
Bond funds brought in $6 billion, according to reporter Sam Forgione.
For more details, check out the original article here
Stay ahead of the news ... Sign up for our email alerts now