401(k) participants continued to shift their investments out of stock funds and into fixed income funds in October, according to a Hewitt Associates report
Domestic stock outflows also went to international and emerging market stock funds and stable value and money market funds in October, reports Hewitt.
Total year-to-date outflows of domestic stock funds of $325 million roughly equal net inflows in international stock funds.
Participants' total assets in stocks were down to 64 percent from 65 percent at the beginning of the year.
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