MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, August 24, 2007 Investors Retreating From Bank-Loan Funds Investors have been retreating from bank-loan funds in recent weeks. Assets in bank-loan funds have fallen 33 percent to $18.2 billion end-June, The Wall Street Journal reported, citing figures from AMG Data Services. The average bank-loan fund shed 4.1 percent of its value, according to Morningstar data. Investors, meanwhile, have been pouring assets into money-market funds. Inflows into money-market funds totaled $75.9 billion in the week ended Wednesday, the second-highest figure recorded, according to the report. Printed from: MFWire.com/story.asp?s=15516 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |